Page:United States Statutes at Large Volume 98 Part 2.djvu/1165

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PUBLIC LAW 98-000—MMMM. DD, 1984

PUBLIC LAW 98-501—OCT. 19, 1984

98 STAT. 2325

capital investment programs. In addition, the analysis under this paragraph shall contain— "(A) an estimate of the current service levels of public civilian capital investment and of military capital investment and alternative high and low levels of such investments over a period of ten years in current dollars and over a period of five years in constant dollars; "(B) the most recent assessment analysis and summary, in a standard format, of public civilian capital investment needs in each major program area over a period of ten years; "(C) an identification and analysis of the principal policy issues that affect estimated public civilian capital investment needs for each major program; and "(D) an identification and analysis of factors that affect estimated public civilian capital investment needs for each major program, including but not limited to the following factors: "(i) economic assumptions; "(ii) engineering standards; "(iii) estimates of spending for operation and maintenance; "(iv) estimates of expenditures for similar investments by State and local governments; and "(v) estimates of demand for public services derived from such capital investments and estimates of the service capacity of such investments. To the extent that any analysis required by this paragraph relates to any program for which Federal financial assistance is distributed under a formula prescribed by law, such analysis shall be organized by State and within each State by major metropolitan area if data are available. "(2) For purposes of this subsection, any appropriation, new obligational authority, or outlay shall be classified as a public civilian capital investment to the extent that such appropriation, authority, or outlay will be used for the construction, acquisition, or rehabilitation of any physical asset that is capable of being used to produce services or other benefits for a number of years and is not classified as a military capital investment under paragraph (3). Such assets shall include (but not be limited to)— "(A) roadways or bridges, "(B) airports or airway facilities, "(C) mass transportation systems, "(D) wastewater treatment or related facilities, "(E) water resources projects, "(F) hospitals, "(G) resource recovery facilities, "(H) public buildings, "(I) space or communications facilities, "(J) railroads, and "(K) federally assisted housing. "(3) For purposes of this subsection, any appropriation, new obli- Defense and gational authority, or outlay shall be classified as a military capital national investment to the extent that such appropriation, authority, or ^^'^""youtlay will be used for the construction, acquisition, or rehabilitation of any physical asset that is capable of being used to produce services or other benefits for purposes of national defense and security for a number of years. Such assets shall include military bases, posts, installations, and facilities.