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U.S. Code as of:
01/19/04
Section 2736. Funding
(a) Sections 2731, 2733, and 2734
Amounts in the Fund shall be available, without further
appropriations and without fiscal year limitation, to carry out
section 2731 of this title in the amount as determined in
subsection (b) of this section, and to carry out sections 2733 and
2734 of this title, in an amount not to exceed $5,000,000.
(b) Use of interest only
The amount of funding to be made available annually to carry out
section 2731 of this title shall be the interest produced by the
Fund's investment of the $22,500,000 remaining funding authorized
for the Prince William Sound Oil Spill Recovery Institute and
currently deposited in the Fund and invested by the Secretary of
the Treasury in income producing securities along with other funds
comprising the Fund. The National Pollution Funds Center shall
transfer all such accrued interest, including the interest earned
from the date funds in the Trans-Alaska Liability Pipeline Fund
were transferred into the Oil Spill Liability Trust Fund pursuant
to section 8102(a)(2)(B)(ii), to the Prince William Sound Oil Spill
Recovery Institute annually, beginning 60 days after October 19,
1996.
(c) (!1) Use for section 2712
Beginning with the eleventh year following October 19, 1996, the
funding authorized for the Prince William Sound Oil Spill Recovery
Institute and deposited in the Fund shall thereafter be made
available for purposes of section 2712 of this title in Alaska.
(c) (!1) Section 2738
Amounts in the Fund shall be available, without further
appropriation and without fiscal year limitation, to carry out
section 2738(b) of this title, in an amount not to exceed
$5,000,000 of which up to $3,000,000 may be used for the lease
payment to the Alaska SeaLife Center under section 2738(b)(2) of
this title: Provided, That the entire amount is designated by the
Congress as an emergency requirement pursuant to section
251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control
Act of 1985, as amended [2 U.S.C. 901(b)(2)(A)]: Provided further,
That the entire amount shall be available only to the extent an
official budget request that includes designation of the entire
amount of the request as an emergency requirement as defined in the
Balanced Budget and Emergency Deficit Control Act of 1985, as
amended, is transmitted by the President to the Congress.
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