Title 33 › Chapter 12— RIVER AND HARBOR IMPROVEMENTS GENERALLY › Subchapter I— GENERAL PROVISIONS › § 576
Creates a permanent revolving fund for the Army Corps of Engineers to pay for running, fixing, buying, and keeping up the Corps’ plants and equipment. The fund can also temporarily pay for services that are later charged to civil works appropriations, and it can supply facilities and services for Army military work, other federal agencies, and private parties when allowed by law. The Secretary of the Army may add capital by moving current inventories, plants, and equipment into the fund. The fund is repaid by charges or advances that must cover overhead, depreciation, and accrued leave. On July 1, 1953, the fund took over the Plant accounts’ assets, liabilities, and obligations as listed on June 30, 1953 under the appropriations for “Maintenance and improvement of existing river and harbor works,” “Flood control, general,” and “Flood control, Mississippi River and tributaries,” and amounts equal to the Plant accounts’ unspent cash balances on June 30, 1953 were moved into the fund. Total capital in the fund cannot exceed $140,000,000. The fund may pay to operate up to four aircraft at any one time. Money from the fund may not be used to build a new Corps building or to do a major renovation unless a law says it can. Major renovation means work costing more than $20,000,000. To seek permission, the Secretary must send the House Transportation and Infrastructure Committee and the Senate Environment and Public Works Committee a prospectus with the building’s description, location, maximum fund cost estimate, final size and current size, number of people to be housed, a statement that no suitable federal space exists, and current rents and housing costs. If either committee asks, the Secretary must make a building project survey and then report to Congress with that same information. Nothing here changes authorities under subchapter I of chapter 169 of title 10 or authorized uses of the fund other than the construction/renovation rule.
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Navigation and Navigable Waters — Source: USLM XML via OLRC
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Reference
Citation
33 U.S.C. § 576
Title 33 — Navigation and Navigable Waters
Last Updated
Apr 5, 2026
Release point: 119-73not60