16 USC 777n - Expenditure of Remaining Balance in Boat Safety Account

Amounts remaining in the Boat Safety Account on October 1, 2005, and amounts thereafter credited to the Account under section 9602(b) of title 26, shall be available, without further appropriation, for making expenditures before October 1, 2010, to carry out the purposes of this section and shall be distributed as follows:

(1) In fiscal year 2006, $28,155,000 shall be distributed—

(A) under section 777c of this title in the following manner:

(i) $11,200,000 to be added to funds available under subsection (a)(2) of that section;

(ii) $1,245,000 to be added to funds available under subsection (a)(3) of that section;

(iii) $1,245,000 to be added to funds available under subsection (a)(4) of that section;

(iv) $1,245,000 to be added to funds available under subsection (a)(5) of that section; and

(v) $12,800,000 to be added to funds available under subsection (c) of that section; and

(B) under section 777m of this title, $420,000, to be added to funds available under subsection (a)(1) of that section.

(2) In fiscal year 2007, $22,419,000 shall be distributed—

(A) under section 777c of this title in the following manner:

(i) $8,075,000 to be added to funds available under subsection (a)(2) of that section;

(ii) $713,000 to be added to funds available under subsection (a)(3) of that section;

(iii) $713,000 to be added to funds available under subsection (a)(4) of that section;

(iv) $713,000 to be added to funds available under subsection (a)(5) of that section; and

(v) $11,925,000 to be added to funds available under subsection (c) of that section; and

(B) under section 777m of this title, $280,000 to be added to funds available under subsection (a)(1) of that section.

(3) In fiscal year 2008, $17,139,000 shall be distributed—

(A) under section 777c of this title in the following manner:

(i) $6,800,000 to be added to funds available under subsection (a)(2) of that section;

(ii) $333,000 to be added to funds available under subsection (a)(3) of that section;

(iii) $333,000 to be added to funds available under subsection (a)(4) of that section;

(iv) $333,000 to be added to funds available under subsection (a)(5) of that section; and

(v) $9,200,000 to be added to funds available under subsection (c) of that section; and

(B) under section 777m of this title, $140,000, to be added to funds available under subsection (a)(1) of that section.

(4) In fiscal year 2009, $12,287,000 shall be distributed—

(A) under section 777c of this title in the following manner:

(i) $5,100,000 to be added to funds available under subsection (a)(2) of that section;

(ii) $48,000 to be added to funds available under subsection (a)(3) of that section;

(iii) $48,000 to be added to funds available under subsection (a)(4) of that section;

(iv) $48,000 to be added to funds available under subsection (a)(5) of that section; and

(v) $6,900,000 to be added to funds available under subsection (c) of that section; and

(B) under section 777m of this title, $143,000, to be added to funds available under subsection (a)(1) of that section.

(5) In fiscal year 2010, all remaining funds in the Account shall be distributed under section 777c of this title in the following manner:

(A) one-third to be added to funds available under subsection (a)(2) of that section; and

(B) two-thirds to be added to funds available under subsection (c) of that section.

(Aug. 9, 1950, ch. 658, §15, as added Pub. L. 109–59, title X, §10119, Aug. 10, 2005, 119 Stat. 1929; amended Pub. L. 109–74, title I, §103, Sept. 29, 2005, 119 Stat. 2031.)

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Last modified: October 26, 2015