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Current as of January 01, 2024 | Updated by Findlaw Staff
(a)Federal allocation
Upon authorization by law of an increase in the maximum amount of Federal funds that may be allocated for a water resources project or an increase in the total cost of a water resources project authorized to be carried out by the Secretary, the Secretary shall enter into a revised partnership agreement for the project to take into account the change in Federal participation in the project.
(b)Cost sharing
An increase in the maximum amount of Federal funds that may be allocated for a water resources project, or an increase in the total cost of a water resources project, authorized to be carried out by the Secretary shall not affect any cost-sharing requirement applicable to the project.
(c)Cost estimates
The estimated Federal and non-Federal costs of water resources projects authorized to be carried out by the Secretary before, on, or after November 8, 2007, are for informational purposes only and shall not be interpreted as affecting the cost-sharing responsibilities established by law.
Cite this article: FindLaw.com - 33 U.S.C. § 2340 - U.S. Code - Unannotated Title 33. Navigation and Navigable Waters § 2340. Revision of project partnership agreement; cost sharing - last updated January 01, 2024 | https://codes.findlaw.com/us/title-33-navigation-and-navigable-waters/33-usc-sect-2340/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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