Notes on 33 U.S.C. § 988 : US Code - Notes

Search Notes on 33 U.S.C. § 988 : US Code - Notes

(May 13, 1954, ch. 201, Sec. 12, 68 Stat. 96; Pub. L. 91-469, Sec.
43(b), Oct. 21, 1970, 84 Stat. 1038; Pub. L. 95-91, title IV, Sec.
402(a)(1)(B), Aug. 4, 1977, 91 Stat. 583; Pub. L. 97-369, title
III, Sec. 311, Dec. 18, 1982, 96 Stat. 1782; Pub. L. 100-352, Sec.
6(h), June 27, 1988, 102 Stat. 664.)
AMENDMENTS
1988 - Subsec. (a). Pub. L. 100-352 substituted "1254(2)" for
"1254(3)".
1982 - Subsec. (b)(5). Pub. L. 97-369 struck out par. (5) which
directed that the rates provide for revenues sufficient to amortize
the principal of the debts and obligations of the Corporation over
a period of not to exceed 50 years.
1970 - Subsec. (a). Pub. L. 91-469, Sec. 43(b)(1), inserted
requirement that any formula for a division of revenues which takes
into consideration annual debt charges shall include the total
cost, including both interest and debt principal, incurred by the
United States in financing activities authorized by this chapter,
whether or not reimbursable by the Corporation.
Subsec. (b)(4). Pub. L. 91-469, Sec. 43(b)(2), struck out ",
payment of interest on the obligations of the Corporation," after
"depreciation".
EFFECTIVE DATE OF 1988 AMENDMENT
Amendment by Pub. L. 100-352 effective ninety days after June 27,
1988, except that such amendment not to apply to cases pending in
Supreme Court on such effective date or affect right to review or
manner of reviewing judgment or decree of court which was entered
before such effective date, see section 7 of Pub. L. 100-352, set
out as a note under section 1254 of Title 28, Judiciary and
Judicial Procedure.
TRANSFER OF FUNCTIONS
"Federal Energy Regulatory Commission" substituted for "Federal
Power Commission" in subsec. (a) on authority of Pub. L. 95-91,
title IV, Sec. 402(a)(1)(B), Aug. 4, 1977, 91 Stat. 583, which is
classified to section 7172(a)(1)(B) of Title 42, The Public Health
and Welfare.
GREAT LAKES AND SAINT LAWRENCE SEAWAY
Pub. L. 101-101, title I, Sept. 29, 1989, 103 Stat. 642,
provided: "That within available funds, the Secretary of the Army,
acting through the Chief of Engineers, is directed to initiate and
complete a reconnaissance study for the Saint Lawrence Seaway and
Great Lakes-Financing Navigational Improvements Study, as
authorized in section 47(d) of Public Law 100-676 [set out below],
in accordance with the cost sharing provisions of Public Law 99-662
[Nov. 17, 1986, 100 Stat. 4082]."
Pub. L. 100-676, Sec. 47(d), Nov. 17, 1988, 102 Stat. 4042,
provided that:
"(1) Study of financing navigational improvements. - The
Secretary, in cooperation with other Federal agencies and private
persons, is authorized and directed to contract with an independent
party to conduct a study of cost recovery options and alternative
methods of financing navigational improvements on the Great Lakes
connecting channels and Saint Lawrence Seaway, including
modernization of the Eisenhower and Snell Locks of the Saint
Lawrence Seaway.
"(2) Report. - Not later than 18 months after the date of the
enactment of this Act [Nov. 17, 1988], the Secretary shall transmit
to Congress a report on the results of the study carried out under
this subsection together with recommendations.
"(3) Cost sharing. - The non-Federal share of the cost of the
study under this subsection shall be 50 percent; except that not
more than 1/2 of such non-Federal share may be made by the
provision of services, materials, supplies, or other in-kind
services necessary to carry out the study."
REPORT ON REDUCTION OR ELIMINATION OF TOLLS ON GREAT LAKES AND
SAINT LAWRENCE SEAWAY
Pub. L. 99-662, title XIV, Sec. 1406, Nov. 17, 1986, 100 Stat.
4272, provided that: "Not later than 2 years after the date of
enactment of this Act [Nov. 17, 1986], the Secretary of State, in
consultation with the Secretary of Transportation, shall initiate
discussions with the Government of Canada with the objective of
reducing or eliminating all tolls on the international Great Lakes
and the Saint Lawrence Seaway, and the Secretary of Transportation
shall report to the Congress on the progress of such discussions
and on the economic effects upon waterborne commerce in the United
States of any proposed reduction or elimination in tolls."