92 STAT. 1698
PUBLIC LAW 95-502—OCT. 21, 1978 United States. For such purpose, such obligations may be acquired (i) on original issue a t the issue price, or (ii) by purchase of outstanding obligations a t the market price. (B) SALE OF OBLIGATIONS.—Any obligation acquired by the T r u s t F u n d may be sold by the Secretary a t the market price. (C)
I N T E R E S T; PROCEEDS FROM SALES AND REDEMPTIONS.—
The interest on, and the proceeds from the sale or redemption of, any obligations held in the T r u s t F u n d shall be credited to and form a part of the T r u s t F u n d. SEC. 204. TRUST FUND AVAILABLE FOR EXPENDITURES FOR NAVIGATION CONSTRUCTION AND REHABILITATION PROJECTS ON INLAND WATERWAYS. (a) IN GENERAL.—Amounts in the T r u s t F u n d shall be available, as provided by appropriations Acts, for making construction and rehabilitation expenditures for navigation on the inland and intracoastal waterways of the United States described in section 206 of this Act. No amount may be a p p r o p r i a t e d out of the T r u s t F u n d unless the law authorizing the expenditure for which the amount is appropriated explicitly provides that the appropriation is to be made out of the Trust Fund.
33 USC 1802.
(b) EXPENDITURES M U S T B E OTHERWISE AUTHORIZED BY L A W. —
Nothing in this section shall be deemed to authorize any program, project, or other activity not otherwise authorized by law. SEC. 205. STUDY WITH RESPECT TO INLAND WATERWAY USER TAXES AND CHARGES.
33 USC 1803.
(a) STUDY DIRECTED.—The Secretary of Transportation and the
Secretary of Commerce, in consultation with the Secretary of the Treasury, the Secretary of Agriculture, the Secretary of Energy, the Attorney General of the United States, the Secretary of the Army, the Chairman of the W a t e r Resources Council, and the Director of the Office of Management and Budget, shall— (1) make a full and complete study with respect to inland waterway user taxes and charges, and (2) make findings and policy recommendations with respect thereto. Such study shall include (but shall not be limited to) a consideration of the matters listed in subsections (b), (c), (d), (e), and (f) of this section. (b) CONSIDERATIONS RELATING TO THE T A X I N G M E C H A N I S M. —
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(1) The extent to which the Federal Government should seek to recover some or all of Federal expenditures for the benefit of inland waterway transportation from the users of the facilities for which such expenditures are made. (2) The various forms of inland waterway user taxes and charges which could be established. (3) The various methods of collecting inland waterway user taxes and charges, and the administrative costs of such taxes and charges. (4) The classes and categories of users and other persons on whom inland waterway user taxes and charges should be imposed. (5) The waterways of the United States (including the Great Lakes, deep draft channels, and coastal ports) which should be included in any system of user taxes and charges, together with the economic effects of such taxes and charges.
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