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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 33 U.S.C. § 2315b Transparency and accountability in cost sharing for water resources development projects us united_states_code code_section 33 NAVIGATION AND NAVIGABLE WATERS 36 WATER RESOURCES DEVELOPMENT 2315b 33 U.S.C. § 2315b current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc33@119-100.zip /us/usc/t33/s2315b data/legal/raw/us/code/title-33/usc33.xml 97f472f241c867c611d6cff648f1c659924b9daef2a144a640c7a067a0f3689e de3d130b31eae77f8c0fc593f61b7287899297718d678d500eea123559828523 dd859e9f5de4b6af19acec3b268c4a3fee5132bac6011ba4dc124445e35d0fb0 2026-07-04 official
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33 U.S.C. § 2315b - Transparency and accountability in cost sharing for water resources development projects

Text

(a) Definition of balance sheet In this section, the term “balance sheet” means a document that describes—

(1) the funds provided by each Federal and non-Federal interest for a water resources development project; and

(2) the status of those funds.

(b) Establishment of balance sheet Each district of the Corps of Engineers shall, using the authority of the Secretary under section 2315 of this title—

(1) maintain a balance sheet for each water resources development project carried out by the Secretary for which a non-Federal cost share is required; and

(2) on request of a non-Federal interest that provided funds for the project, provide to the non-Federal interest a copy of the balance sheet.

(c) Under-budget projects In the case of a water resources development project carried out by the Secretary that is completed at a cost less than the estimated cost, the Secretary shall transfer any excess non-Federal funds to the non-Federal interest in accordance with the cost-share requirement applicable to the project.

(Pub. L. 115270, title I, § 1120, Oct. 23, 2018, 132 Stat. 3777.)

Notes

Editorial Notes

Codification Section was enacted as part of the Water Resources Development Act of 2018, and also as part of the Americas Water Infrastructure Act of 2018, 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 102 of Pub. L. 115270, set out as a note under section 2201 of this title.