16 U.S.C. § 460l–21 — Definitions
submitted 61 years ago by Pub. L. 89-72 to r/title-16-CONSERVATION · 119 words · no verdicts yet
This law defines five terms used in the Federal Water Project Recreation Act. It explains "project," "separable costs," "joint costs," "feasibility report," and "capital cost." These definitions control how project costs get divided among purposes.
(a) "Project" means a project, or any appropriate part of one.
(b) "Separable costs," for any project purpose, means the difference between the capital cost of the whole multiple-purpose project and the capital cost of the same project if that one purpose were left out.
(c) "Joint costs" means the difference between the capital cost of the whole multiple-purpose project and the sum of the separable costs for every purpose added together.
(d) "Feasibility report" means a report with the scope Congress requires when it formally considers authorizing the project the report covers.
(e) "Capital cost" includes interest paid during construction, wherever that applies.
As used in this part:
The term “project” shall mean a project or any appropriate unit thereof.
The term “separable costs,” as applied to any project purpose, means the difference between the capital cost of the entire multiple-purpose project and the capital cost of the project with the purpose omitted.
The term “joint costs” means the difference between the capital cost of the entire multiple-purpose project and the sum of the separable costs for all project purposes.
The term “feasibility report” shall mean any report of the scope required by the Congress when formally considering authorization of the project of which the report treats.
The term “capital cost” includes interest during construction, wherever appropriate.
Source credit: (Pub. L. 89–72, § 10, July 9, 1965, 79 Stat. 218.)
- 1965Enacted · Pub. L. 89-72 · 79 Stat. 218
A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-72 on 1965-07-09.
all 0 arguments · sorted by: best
no arguments yet — make the first case