33 U.S.C. § 2315b — Transparency and accountability in cost sharing for water resources development projects
submitted 8 years ago by Pub. L. 115-270 to r/title-33-NAVIGATION-AND-NAVIGABLE-WATERS · 165 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
In this section, the term “balance sheet” means a document that describes—
the funds provided by each Federal and non-Federal interest for a water resources development project; and
the status of those funds.
Each district of the Corps of Engineers shall, using the authority of the Secretary under section 2315 of this title—
maintain a balance sheet for each water resources development project carried out by the Secretary for which a non-Federal cost share is required; and
on request of a non-Federal interest that provided funds for the project, provide to the non-Federal interest a copy of the balance sheet.
In the case of a water resources development project carried out by the Secretary that is completed at a cost less than the estimated cost, the Secretary shall transfer any excess non-Federal funds to the non-Federal interest in accordance with the cost-share requirement applicable to the project.
Source credit: (Pub. L. 115–270, title I, § 1120, Oct. 23, 2018, 132 Stat. 3777.)
- 2018Enacted · Pub. L. 115-270 · 132 Stat. 3777
A history note hasn’t been published yet. The record shows enactment by Pub. L. 115-270 on 2018-10-23.
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