33 USC 2315b - Transparency and accountability in cost sharing for water resources development projects

U.S Code last checked for updates: May 03, 2024

§ 2315b.

Transparency and accountability in cost sharing for water resources development projects

(a)

Definition of balance sheet

In this section, the term “balance sheet” means a document that describes—

(1)

the funds provided by each Federal and non-Federal interest for a water resources development project; and

(2)

the status of those funds.

(b)

Establishment of balance sheet

Each district of the Corps of Engineers shall, using the authority of the Secretary under section 2315 of this title—

(1)

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

(2)

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.

(c)

Under-budget projects

(Pub. L. 115–270, title I, § 1120, Oct. 23, 2018, 132 Stat. 3777.)

cite as: 33 USC 2315b