§ 2736. — Funding.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 33USC2736]
TITLE 33--NAVIGATION AND NAVIGABLE WATERS
CHAPTER 40--OIL POLLUTION
SUBCHAPTER II--PRINCE WILLIAM SOUND PROVISIONS
Sec. 2736. Funding
(a) Sections 2731, 2733, and 2734
Amounts in the Fund shall be available, without further
appropriations and without fiscal year limitation, to carry out section
2731 of this title in the amount as determined in subsection (b) of this
section, and to carry out sections 2733 and 2734 of this title, in an
amount not to exceed $5,000,000.
(b) Use of interest only
The amount of funding to be made available annually to carry out
section 2731 of this title shall be the interest produced by the Fund's
investment of the $22,500,000 remaining funding authorized for the
Prince William Sound Oil Spill Recovery Institute and currently
deposited in the Fund and invested by the Secretary of the Treasury in
income producing securities along with other funds comprising the Fund.
The National Pollution Funds Center shall transfer all such accrued
interest, including the interest earned from the date funds in the
Trans-Alaska Liability Pipeline Fund were transferred into the Oil Spill
Liability Trust Fund pursuant to section 8102(a)(2)(B)(ii), to the
Prince William Sound Oil Spill Recovery Institute annually, beginning 60
days after October 19, 1996.
(c) \1\ Use for section 2712
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\1\ So in original. Two subsecs. (c) have been enacted.
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Beginning with the eleventh year following October 19, 1996, the
funding authorized for the Prince William Sound Oil Spill Recovery
Institute and deposited in the Fund shall thereafter be made available
for purposes of section 2712 of this title in Alaska.
(c) \1\ Section 2738
Amounts in the Fund shall be available, without further
appropriation and without fiscal year limitation, to carry out section
2738(b) of this title, in an amount not to exceed $5,000,000 of which up
to $3,000,000 may be used for the lease payment to the Alaska SeaLife
Center under section 2738(b)(2) of this title: Provided, That the entire
amount is designated by the Congress as an emergency requirement
pursuant to section 251(b)(2)(A) of the Balanced Budget and Emergency
Deficit Control Act of 1985, as amended [2 U.S.C. 901(b)(2)(A)]:
Provided further, That the entire amount shall be available only to the
extent an official budget request that includes designation of the
entire amount of the request as an emergency requirement as defined in
the Balanced Budget and Emergency Deficit Control Act of 1985, as
amended, is transmitted by the President to the Congress.
(Pub. L. 101-380, title V, Sec. 5006, Aug. 18, 1990, 104 Stat. 554; Pub.
L. 104-324, title XI, Sec. 1102(b), Oct. 19, 1996, 110 Stat. 3965; Pub.
L. 106-246, div. B, title II, Sec. 2204(2), July 13, 2000, 114 Stat.
547; Pub. L. 106-554, Sec. 1(a)(4) [div. B, title I, Sec. 144(c)(1)(C)],
Dec. 21, 2000, 114 Stat. 2763, 2763A-239.)
References in Text
Section 8102(a)(2)(B)(ii), referred to in subsec. (b), is section
8102(a)(2)(B)(ii) of Pub. L. 101-380, title VIII, Aug. 18, 1990, 104
Stat. 565, which is set out as a note under section 1653 of Title 43,
Public Lands.
The Balanced Budget and Emergency Deficit Control Act of 1985,
referred to in subsec. (c), is title II of Pub. L. 99-177, Dec. 12,
1985, 99 Stat. 1038, as amended, which enacted chapter 20 (Sec. 900 et
seq.) and sections 654 to 656 of Title 2, The Congress, amended sections
602, 622, 631 to 642, and 651 to 653 of Title 2, sections 1104 to 1106,
and 1109 of Title 31, Money and Finance, and section 911 of Title 42,
The Public Health and Welfare, repealed section 661 of Title 2, enacted
provisions set out as notes under section 900 of Title 2 and section 911
of Title 42, and amended provisions set out as a note under section 621
of Title 2. For complete classification of this Act to the Code, see
Short Title note set out under section 900 of Title 2 and Tables.
Amendments
2000--Subsec. (c). Pub. L. 106-554 inserted ``of which up to
$3,000,000 may be used for the lease payment to the Alaska SeaLife
Center under section 2738(b)(2) of this title'' after ``$5,000,000'' in
subsec. (c) relating to section 2738.
Pub. L. 106-246 added subsec. (c) relating to section 2738.
1996--Subsec. (a). Pub. L. 104-324, Sec. 1102(b)(1)-(3),
redesignated subsec. (b) as (a), substituted ``2731, 2733,'' for
``2733'' in heading, inserted ``to carry out section 2731 of this title
in the amount as determined in subsection (b) of this section, and''
after ``limitation,'', and struck out heading and text of former subsec.
(a). Text read as follows: ``Amounts in the Fund shall be available,
subject to appropriations, and shall remain available until expended, to
carry out section 2731 of this title as follows:
``(1) $5,000,000 shall be available for the first fiscal year
beginning after August 18, 1990.
``(2) $2,000,000 shall be available for each of the 9 fiscal
years following the fiscal year described in paragraph (1).''
Subsecs. (b), (c). Pub. L. 104-324, Sec. 1102(b)(4), added subsecs.
(b) and (c). Former subsec. (b) redesignated (a).
Section Referred to in Other Sections
This section is referred to in sections 2712, 2731, 2752, 2761 of
this title.
