Text: H.R.2440 — 116th Congress (2019-2020)All Information (Except Text)

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Referred in Senate (10/29/2019)


116th CONGRESS
1st Session
H. R. 2440


IN THE SENATE OF THE UNITED STATES

October 29, 2019

Received; read twice and referred to the Committee on the Budget


AN ACT

To provide for the use of funds in the Harbor Maintenance Trust Fund for the purposes for which the funds were collected and to ensure that funds credited to the Harbor Maintenance Trust Fund are used to support navigation, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Full Utilization of the Harbor Maintenance Trust Fund Act”.

SEC. 2. Use of Harbor Maintenance Trust Fund to support navigation.

Section 210 of the Water Resources Development Act of 1986 (33 U.S.C. 2238) is amended—

(1) in the section heading, by striking “Authorization of appropriations” and inserting “Funding for navigation”; and

(2) by adding at the end the following:

“(g) Adjustments to discretionary spending limits.—Amounts made available from the Harbor Maintenance Trust Fund under this section or section 9505 of the Internal Revenue Code of 1986 shall be made available in accordance with section 251(b)(2)(H) of the Balanced Budget and Emergency Deficit Control Act of 1985.”.

SEC. 3. Annual report to Congress.

Section 330 of the Water Resources Development Act of 1992 (26 U.S.C. 9505 note; 106 Stat. 4851) is amended—

(1) in subsection (a)—

(A) by striking “and annually thereafter,” and inserting “and annually thereafter concurrent with the submission of the President’s annual budget request to Congress,”; and

(B) by striking “Public Works and Transportation” and inserting “Transportation and Infrastructure”; and

(2) in subsection (b)(1) by adding at the end the following:

    “(D) A description of the expected expenditures from the trust fund to meet the needs of navigation for the fiscal year of the budget request.”.

SEC. 4. Harbor Maintenance Trust Fund discretionary spending limit adjustment.

Section 251(b)(2) of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901(b)(2)) is amended by adding at the end the following:

“(H) HARBOR MAINTENANCE TRUST FUND.—

“(i) IN GENERAL.—If a bill or joint resolution making appropriations for a fiscal year is enacted that specifies an amount for harbor maintenance activities, then the adjustments for that fiscal year shall be the total of such amount in that Act for such purpose for that fiscal year, but may not exceed the total amount within the Harbor Maintenance Trust Fund under subsection (a) of section 9505 of the Internal Revenue Code of 1986 on the last day of the fiscal year that is 2 years prior to that fiscal year.

“(ii) LIMITATION.—The adjustment under clause (i) with respect to an amount made available for harbor maintenance activities may only be made if such amount—

“(I) is derived solely from funds in such Trust Fund; and

“(II) is made available for expenditures described under subsection (c) of such section 9505.”.

Passed the House of Representatives October 28, 2019.

    Attest: cheryl l. johnson,   
    Clerk.

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