2015 US Code
Title 33 - Navigation and Navigable Waters (Sections 1 - 4009)
Chapter 52 - Water Infrastructure Finance and Innovation (Sections 3901 - 3914)
Sec. 3912 - Funding

There is authorized to be appropriated to each of the Secretary and the Administrator to carry out this chapter, to remain available until expended—

(1) $20,000,000 for fiscal year 2015;

(2) $25,000,000 for fiscal year 2016;

(3) $35,000,000 for fiscal year 2017;

(4) $45,000,000 for fiscal year 2018; and

(5) $50,000,000 for fiscal year 2019.

Of the funds made available to carry out this chapter, the Secretary or the Administrator, as applicable, may use for the administration of this chapter, including for the provision of technical assistance to aid project sponsors in obtaining the necessary approvals for the project, not more than $2,200,000 for each of fiscal years 2015 through 2019.

For each fiscal year, the Secretary or the Administrator, as applicable, shall set aside not less than 15 percent of the amounts made available for that fiscal year under this section for small community water infrastructure projects described in section 3907(a)(2)(B) of this title.

Any amounts set aside under paragraph (1) that remain unobligated on June 1 of the fiscal year for which the amounts are set aside shall be available for obligation by the Secretary or the Administrator, as applicable, for projects other than small community water infrastructure projects.

Notwithstanding section 3908(b)(2) of this title, the Secretary or the Administrator, as applicable, may make available up to 25 percent of the amounts made available for each fiscal year under this section for loans in excess of 49 percent of the total project costs.

(Pub. L. 113–121, title V, §5033, June 10, 2014, 128 Stat. 1342.)

Secretary means the Secretary of the Army, see section 2 of Pub. L. 113–121, set out as a note under section 2201 of this title.