Title 33 › CHAPTER 12 — RIVER AND HARBOR IMPROVEMENTS GENERALLY › SUBCHAPTER I — GENERAL PROVISIONS › § 576
Creates a revolving fund the Army Corps of Engineers can use without a yearly time limit to pay for upkeep and use of its plant and equipment for civil works. The fund can buy and repair equipment, temporarily finance services charged to civil works money, and buy, operate, and maintain up to four aircraft at one time. It can also provide facilities and services for Army military needs, other agencies, and private parties where allowed. The Secretary of the Army may put current inventories and equipment into the fund as capital. The fund is paid back by reimbursements or advances that cover overhead, depreciation, and accrued leave. On July 1, 1953 it took over certain plant accounts as of June 30, 1953 and received their unspent cash balances. Total fund capital cannot exceed $140,000,000. Money from the fund cannot be used to build a new Corps building or to do a major renovation unless Congress specifically allows it. To seek that permission, the Secretary must send a prospectus to the House Committee on Transportation and Infrastructure and the Senate Committee on Environment and Public Works with a brief description, location, maximum cost to be paid from the fund, final size, number of people to be housed, proof no suitable federal space exists, current rent or housing costs, and current space size. If either committee asks by resolution, the Secretary must make a building survey and then report the same prospectus information to Congress. A “major renovation” is work costing more than $20,000,000.
Full Legal Text
Navigation and Navigable Waters, Source: USLM XML via OLRC
Legislative History
Reference
Citation
33 U.S.C. § 576
Title 33, Navigation and Navigable Waters
Last Updated
Sep 23, 2026
Release point: 119-110