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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 3713 Panama Canal emergency authority us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 51 PANAMA CANAL 3713 22 U.S.C. § 3713 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s3713 data/legal/raw/us/code/title-22/usc22.xml c4ddbb81ca6f41e3e7804425a4b8d74d21fa6b2fd0d63f5aa02592ae53d8ab5c b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 312efe726e07c9c5f7a48b785c286175b3e17390f3441e2cdff42b22a2477020 2026-07-04 official
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22 U.S.C. § 3713 - Panama Canal emergency authority

Text

If authorizing legislation described in section 3712(b)(1) of this title has not been enacted for a fiscal year, then the Commission may withdraw funds from the Panama Canal Revolving Fund in order to defray emergency expenses and to ensure the continuous, efficient, and safe operation of the Panama Canal, including expenses for capital projects. The authority of this section may be exercised only until authorizing legislation described in section 3712(b)(1) of this title is enacted, or for a period of 24 months after the end of the fiscal year for which such authorizing legislation was last enacted, whichever occurs first. Within 60 days after the end of any calendar quarter in which expenditures are made under this section, the Commission shall report such expenditures to the appropriate committees of the Congress.

(Pub. L. 9670, title I, § 1303, Sept. 27, 1979, 93 Stat. 478; Pub. L. 100203, title V, § 5423(a), (b)(1), Dec. 22, 1987, 101 Stat. 1330273; Pub. L. 104106, div. C, title XXXV, § 3529(2), Feb. 10, 1996, 110 Stat. 642; Pub. L. 104201, div. C, title XXXV, § 3548(b)(2), Sept. 23, 1996, 110 Stat. 2869.)

Notes

Editorial Notes

Amendments1996—Pub. L. 104201 substituted “section 3712(b)(1)” for “section 3712(c)(1)” in two places. Pub. L. 104106 struck out “The authority of this section may not be used for administrative expenses.” after “capital projects.” 1987—Pub. L. 100203 substituted “authority” for “Fund” in section catchline and amended text generally. Prior to amendment, text read as follows: “(a) On October 1, 1979, the Secretary of the Treasury shall establish and thereafter shall maintain in the Treasury a fund to be known as the Panama Canal Emergency Fund. There are authorized to be appropriated for deposit in such Fund (1) for the fiscal year beginning on October 1, 1979, $40,000,000, and (2) for any fiscal year beginning on or after October 1, 1980, such additional sums as may be specifically authorized by law for such fiscal year. “(b) The Commission may make withdrawals from the Panama Canal Emergency Fund by check in order to defray emergency expenses and to insure the continuous, efficient, and safe operation of the Panama Canal, if funds appropriated for the operation and maintenance of the Canal are insufficient for such purposes. Any withdrawal from such Fund to cover increased costs attributable to unprogrammed increases in traffic may not be made in amounts greater than the revenues from such increased traffic. Such Fund shall not be available for payments to Panama under Article XIII of the Panama Canal Treaty of 1977. Any withdrawal from such fund or expenditure made under this subsection shall be reported forthwith by the Commission to the Congress and to the Office of Management and Budget.”

Statutory Notes and Related Subsidiaries

Effective Date of 1987 AmendmentAmendment by Pub. L. 100203 effective Jan. 1, 1988, see section 5429 of Pub. L. 100203, set out as a note under section 3712 of this title.