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33 U.S.C. § 2340Revision of project partnership agreement; cost sharing

submitted 19 years ago by Pub. L. 110-114 to r/title-33-NAVIGATION-AND-NAVIGABLE-WATERS · 168 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section requires a revised project partnership agreement when Congress increases the Federal funding limit or total authorized cost of a water-resources project. It says how the change affects cost sharing.

(a) Federal allocation Upon authorization by law of an increase in the maximum amount of Federal funds that may be allocated for a water resources project or an increase in the total cost of a water resources project authorized to be carried out by the Secretary, the Secretary must enter into a revised partnership agreement for the project to take into account the change in Federal participation in the project. (b) Cost sharing An increase in the maximum amount of Federal funds that may be allocated for a water resources project, or an increase in the total cost of a water resources project, authorized to be carried out by the Secretary must not affect any cost-sharing requirement applicable to the project. (c) Cost estimates The estimated Federal and non-Federal costs of water resources projects authorized to be carried out by the Secretary before, on, or after November 8, 2007, are for informational purposes only and must not be interpreted as affecting the cost-sharing responsibilities established by law.
the actual law source: uscode.house.gov ↗public domain
(a) Federal allocation

Upon authorization by law of an increase in the maximum amount of Federal funds that may be allocated for a water resources project or an increase in the total cost of a water resources project authorized to be carried out by the Secretary, the Secretary shall enter into a revised partnership agreement for the project to take into account the change in Federal participation in the project.

(b) Cost sharing

An increase in the maximum amount of Federal funds that may be allocated for a water resources project, or an increase in the total cost of a water resources project, authorized to be carried out by the Secretary shall not affect any cost-sharing requirement applicable to the project.

(c) Cost estimates

The estimated Federal and non-Federal costs of water resources projects authorized to be carried out by the Secretary before, on, or after November 8, 2007, are for informational purposes only and shall not be interpreted as affecting the cost-sharing responsibilities established by law.

Source credit: (Pub. L. 110–114, title II, § 2008, Nov. 8, 2007, 121 Stat. 1073.)

history & why it existsrecord from the source credit
  • 2007Enacted · Pub. L. 110-114 · 121 Stat. 1073

A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-114 on 2007-11-08.

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