§1421r Port of Guam Improvement Enterprise Program

Summary

Create a Port of Guam Improvement Enterprise Program to plan, design, and build projects that improve the Port of Guam, reduce congestion, and give better access to port facilities. The Maritime Administration’s head (through the Secretary of Transportation) can run the Program, take money for it from federal and nonfederal sources including private groups, speed up reviews under the National Environmental Policy Act of 1969, coordinate other required reviews with agencies, and give technical help to the Port Authority of Guam and its agents. A separate account called the Port of Guam Improvement Enterprise Fund will be in the U.S. Treasury to hold money for the Program. The Fund gets deposits from the sources above, transfers for Program components, and any appropriations. The Administrator may use Fund money to run the Program. Up to 3 percent of amounts appropriated to the Fund each year may pay administrative costs. Fund money stays available until spent. Highway-construction funds or other money not allowed for port improvements cannot be put into the Fund. Sums needed may be appropriated to the Fund.