Sec. 306. Coastal community flood control and other purposes
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Section 103(k)(4) of the Water Resources Development Act of 1986 ( 33 U.S.C. 2213(k)(4) ) is amended— by redesignating subparagraphs
(A)and
(B)as clauses
(i)and (ii), respectively, and indenting appropriately; in the matter preceding clause
(i)(as so redesignated), by striking Notwithstanding and inserting the following: Notwithstanding ; in subparagraph
(A)(as so redesignated)— in clause
(i)(as so redesignated)— by striking $200 million and inserting $200,000,000 ; and by striking and at the end; in clause
(ii)(as so redesignated)— by inserting an amount equal to after 2/3 of repays ; and by striking the period at the end and inserting ; and ; and by adding at the end the following: the non-Federal interest repays the balance of remaining principal by June 1, 2032. ; and by adding at the end the following: Repayment of a non-Federal contribution under subparagraph (A)(iii) may be satisfied through the provision by the non-Federal interest of fish and wildlife mitigation for one or more projects or separable elements, if the Secretary determines that— the non-Federal interest has incurred costs for the provision of mitigation that— equal or exceed the amount of the required repayment; and are in excess of any required non-Federal contribution for the project or separable element for which the mitigation is provided; and the mitigation is integral to the project for which it is provided. .
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Sec. 306
Coastal community flood control and other purposes
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