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1 SEC. 7. SOURCES OF FUNDING. 



2 (a) Recommendations. — 



3 (1) In general. — Not later than 1 year after 



4 the date of the enactment of this Act, the Task 



5 Force shall submit to the President and publish in 



6 the Federal Register recommendations for sources of 



7 amounts for deposit into the Fund, consisting of fees 



8 imposed for use or degradation of water resources. 



9 (2) AMOUNT. — In identifying sources under 



10 paragraph (1), the Task Force shall seek to provide 



11 the Fund with such funding as may be required to 



12 fulfill the purposes set forth in section 2(b). 



13 (b) Review by President. — Not later than 60 days 



14 after publication of the recommendations of the Task 



15 Force under subsection (a)(1), the President shall — 



16 (1) disapprove the recommendations and trans- 



17 mit the disapproval and the reasons for the dis- 



18 approval to the Task Force and the Congress; or 



19 (2) approve the recommendations and transmit 



20 to the Congress and the Secretary a copy of the rec- 



21 ommendations and certification of that approval. 



22 (c) Consideration by Congress. — 



23 (1) In general. — If the recommendations of 



24 the Task Force are approved and transmitted to the 



25 Congress by the President under subsection (b)(2), 



26 they shall be effective and apply as if enacted as 



•HR 4481 IH 



