598 



Pub. Law 94-370 - 18 - July 26, 1976 



SEC. 11. AUDIT OF TRANSACTIONS. 



Section 313 of the Coastal Zone Management Act of 1972, as redesig- 

 nated by section 7 of this Act (16 U.S.C. 1459), is amended — 



(1) by inserting "and audit" after "records" in the title of such 

 section ; 



(2) by amending subsection (a) — 



(A) by inserting immediately after "grant under this title" 

 the following : "or of financial assistance under section 308", 

 and 



(B) by inserting after "received under the grant" the fol- 

 lowing : "and of the proceeds of such assistance" ; and 



(3) by amending subsection (b) to read as follows: 



"(b) The Secretary and the Comptroller General of the United 

 States, or any of their duly authorized representatives, shall — 



"(1) after any grant is made under this title or any financial 

 Ante , p. 1017. assistance is provided under section 308(d) ; and 



"(2) until the expiration of 3 years after — 



"(A) completion of the project, program, or other under- 

 taking for which such grant was made or used, or 



"(B) repayment of the loan or guaranteed indebtedness 

 for which such financial assistance was provided, 

 have access for purposes of audit and examination to any record, book, 

 document, and paper which belongs to or is used or controlled by, any 

 recipient of the grant funds or any person who entered into any trans- 

 action relating to such financial assistance and which is pertinent for 

 purposes of determining if the grant funds or the proceeds of such 

 financial assistance are being, or were, used in accordance with the 

 provisions of this title.". 



SEC. 12. ACQUISITION OF ACCESS TO PUBLIC BEACHES 

 AND OTHER PUBLIC COASTAL AREAS. 



Section 315 of the Coastal Zone Management Act of 1972, as redes- 

 ignated by section 7 of this Act (16 U.S.C. 1461), is amended to read 

 as follows : 



"estuarine sanctuaries and beach access 



"Sec. 315. The Secretary may, in accordance with this section and 

 in accordance with such rules and regulations as the Secretary shall 

 promulgate, make grants to any coastal state for the purpose of — 



"(1) acquiring, developing, or operating estuarine sanctuaries, 

 to serve as natural field laboratories in which to study and gather 

 data on the natural and human processes occurring within the 

 estuaries of the coastal zone ; and 



"(2) acquiring lands to provide for access to public beaches 

 and other public coastal areas of environmental, recreational, 

 historical, esthetic, ecological, or cultural value, and for the pres- 

 ervation of islands. 

 The amoimt of any such grant shall not exceed 50 per centum of the 

 cost of the project involved; except that, in the case of acquisition of 

 any estuarine sanctuary, the Federal share of the cost thereof shall not 

 exceed $2,000,000.". 



SEC. 13. ANNUAL REPORT. 



The second sentence of section 316(a) of the Coastal Zone Manage- 

 ment Act of 1972, as redesigiiated by section 7 of this Act (16 U.S.C. 

 1462(a) ), is amended by striking out "and (9)" and inserting in lieu 

 thereof "(12)"; and by inserting immediately after clause (8) the 

 following: "(9) a description of the economic, environmental, and 



90 STAT, 1030 



