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§ 2291. —  Federal Project Repayment District.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 33USC2291]

 
                TITLE 33--NAVIGATION AND NAVIGABLE WATERS
 
                 CHAPTER 36--WATER RESOURCES DEVELOPMENT
 
                    SUBCHAPTER V--GENERAL PROVISIONS
 
Sec. 2291. Federal Project Repayment District

    (a) The Secretary may enter into a contract providing for the 
payment or recovery of an appropriate share of the costs of a project 
under his responsibility with a Federal Project Repayment District or 
other political subdivision of a State prior to the construction, 
operation, improvement, or financing of such project. The Federal 
Project Repayment District shall include lands and improvements which 
receive identifiable benefits from the construction or operation of such 
project. Such districts shall be established in accordance with State 
law, shall have specific boundaries which may be changed from time to 
time based upon further evaluations of benefits, and shall have the 
power to recover benefits through any cost-recovery approach that is 
consistent with State law and satisfies the applicable cost-recovery 
requirement under subsection (b) of this section.
    (b) Prior to execution of an agreement pursuant to subsection (a) of 
this section, the Secretary shall require and approve a study from the 
State or political subdivision demonstrating that the revenues to be 
derived from a contract under this section, or an agreement with a 
Federal Project Repayment District, will be sufficient to equal or 
exceed the cost recovery requirements over the term of repayment 
required by Federal law.

(Pub. L. 99-662, title IX, Sec. 916, Nov. 17, 1986, 100 Stat. 4191; Pub. 
L. 100-676, Sec. 15, Nov. 17, 1988, 102 Stat. 4026.)


                               Amendments

    1988--Subsec. (a). Pub. L. 100-676 substituted ``have the power to 
recover benefits through any cost-recovery approach that is consistent 
with State law and satisfies the applicable cost-recovery requirement 
under subsection (b) of this section'' for ``include the power to 
collect a portion of the transfer price from any transaction involving 
the sale, transfer, or change in beneficial ownership of lands and 
improvements within the district boundaries''.



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