Title 33, Navigation and Navigable WatersRelease 119-110
§2253 Annual Financial Review
Title 33 › CHAPTER 36 — WATER RESOURCES DEVELOPMENT › SUBCHAPTER III — INLAND WATERWAY TRANSPORTATION SYSTEM › § 2253
Summary
Projects estimated at $500,000,000 or more: the Secretary must send the congressional committees in (a) an annual financial plan using detailed estimates of remaining costs and reasonable assumptions about future cost increases.
Full Legal Text
Title 33, §2253
Navigation and Navigable Waters, Source: USLM XML via OLRC
For any inland waterways project that the Secretary carries out that has an estimated total cost of $500,000,000 or more, the Secretary shall submit to the congressional committees referred to in subsection (a) an annual financial plan for the project. The plan shall be based on detailed annual estimates of the cost to complete the remaining elements of the project and on reasonable assumptions, as determined by the Secretary, of any future increases of the cost to complete the project.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
The congressional committees referred to in subsection (a), referred to in text, mean the congressional committees referred to in subsec. (a) of section 2007 of Pub. L. 113–121, which are the Committee on Environment and Public Works of the Senate and the Committee on Transportation and Infrastructure of the House of Representatives. Codification Section was enacted as part of the Water Resources Reform and Development Act of 2014, and not as part of the Water Resources Development Act of 1986 which comprises this chapter.
Statutory Notes and Related Subsidiaries
“Secretary” Defined 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.
Reference
Citations & Metadata
Citation
33 U.S.C. § 2253
Title 33, Navigation and Navigable Waters
Last Updated
Sep 23, 2026
Release point: 119-110