§2238b Funding for Harbor Maintenance Programs

Summary

Requires yearly funding targets from the Harbor Maintenance Trust Fund for harbor maintenance work. "Total amount of harbor maintenance taxes received" means the amounts credited to the Harbor Maintenance Trust Fund under section 9505(a) of title 26 for a fiscal year, as shown in the President’s budget estimate for the next year (submitted under section 1105 of title 31. "Total budget resources" means the money made available by appropriations from that Trust Fund for spending under section 9505(c) of title 26. Sets percentage targets of the previous year’s tax receipts for each year: FY2015 = 67%; FY2016 = 69%; FY2017 = 71%; FY2018 = 74%; FY2019 = 77%; FY2020 = 80%; FY2021 = 83%; FY2022 = 87%; FY2023 = 91%; FY2024 = 95%; and FY2025 and after = 100%. Those funds must be used only for the harbor maintenance spending allowed under section 9505(c). If a year’s target would fall below the prior year’s target, the target is adjusted up to the lesser of 103% of the prior year’s appropriations or 100% of the prior year’s tax receipts. Any funding increases should come from higher overall Corps of Engineers civil works appropriations and the targets apply only in years when those appropriations rise by at least the needed dollar amount.