Sec. 5006. FUNDING
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## SEC. 5006 FUNDING ###
(a)Sections 5001, 5003 and 5004 Amounts in the Fund shall be available, without further appropriations and without fiscal year limitation, to carry out section 5001 in the amount as determined in section 5006(b), and to carry out sections 5003 and 5004, in an amount not to exceed $5,000,000. ###
(b)Use of Interest Only The amount of funding to be made available annually to carry out section 5001 shall be the interest produced by the Fund's investment of the $22,500,000 remaining funding authorized for the Prince William Sound Oil Spill Recovery Institute and currently deposited in the Fund and invested by the Secretary of the Treasury in income producing securities along with other funds comprising the Fund. The National Pollution Funds Center shall transfer all such accrued interest, including the interest earned from the date funds in the Trans-Alaska Liability Pipeline Fund were transferred into the Oil Spill Liability Trust Fund pursuant to section 8102(a)(2)(B)(ii), to the Prince William Sound Oil Spill Recovery Institute annually, beginning 60 days after the date of enactment of the Coast Guard Authorization Act of 1996. ###
(c)Use for Section 1012 Beginning 1 year after the date on which the Secretary, in consultation with the Secretary of the Interior, determines that oil and gas exploration, development, and production in the State of Alaska have ceased, the funding authorized for the Prince William Sound Oil Spill Recovery Institute and deposited in the Fund shall thereafter be made available for purposes of section 1012 in Alaska. ###
(d)Section 5008 Amounts in the Fund shall be available, without further appropriation and without fiscal year limitation, to carry out section 5008(b), in an annual6 amount not to exceed $5,000,000 of which up to $3,000,000 may be used for the lease payment to the Alaska SeaLife Center under section 5008(b)(2): *Provided*, That the entire amount is designated by the Congress as an emergency requirement pursuant to section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended: *Provided further*, That the entire amount shall be available only to the extent an official budget request that includes designation of the entire amount of the request as an emergency requirement as defined in the Balanced Budget and Emergency Deficit Control Act of 1985, as amended, is transmitted by the President to the Congress. 6Section 4413 of Public Law 109–59 (119 Stat. 1779) amended this subsection by inserting “annual” before “amount”. The amendment has been carried out by inserting “annual” before “amount” the first place it appears to reflect the probable intent of Congress. **[**[33 U.S.C. 2736](/us/usc/t33/s2736)**]**
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- Pub. L. 109-59
- 119 Stat. 1779
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