626 



year ending September 30, 1978, $5,000,000 for the fiscal year endinsc September 30, 

 1979, $5,000,000 for the fiscal year ending September 30, 1980, and $5,000,000 

 for each of the fiscal years ending September 30, 1981, September 30, 1982. Sep- 

 tember 30, 1983, September 30, 1984, and September 30, 1985, as may be neces- 

 s^ary. for financial assistance under section 310(b) of this Act, to remain available 

 until expended ; 



" (5) such sums, not to exceed $5,000,000 for the fiscal year ending June 30, 1976, 

 $1,200,000 for the transitional fiscal quarter ending September 30, 1976, $5,000,000 

 for the fiscal year ending September 30, 1977, $5,000,000 for the fiscal year ending 

 September 30, 1978, $5,000,000 for the fiscal year ending September 30, 1979, 

 $5,000,000 for the fiscal year ending September 30, 1980, and $5,000,000 for each 

 of the fiscal years ending September 30, 1981, September 30, 1982, September 30, 

 1983, September 30, 1984, and September 30, 1985, as may be necessary, for finan- 

 cial assistance under section 310(c) of this Act, to remain available until 

 expended ; 



"(6) the sum of $50,000,000 for the fiscal year ending June 30, 1976. $12,500,000 

 for the transitional fiscal quarter ending September 30, 1976, $50,000,000 for the 

 fiscal year ending September 30, 1977, $50,000,000 for the fiscal year ending 

 September 30, 1978, $50,000,000 for the fiscal year ending September 30, 1979, 

 ■$50,000,000 for the fiscal year ending September 30, 1980, and $50,000,000 for 

 each of the fiscal years ending September 30, 1981, September 30, 1982, Septem- 

 her 30, 1983, September 30, 1984, and September 30, 1985, for the acquisition of 

 lands to provide for the protection of, and access to, public beaches and for the 

 preservation of islands under section 306(d) (2) of this Act, to remain available 

 until expended ; and 



"(7) such sums, not to exceed $10,000,000 for the fiscal year ending June 30, 

 1976, $2,500,000 for the transitional fiscal quarter ending September 30, 1976, 

 $10,000,000 for the fiscal year ending September 30. 1977, $10,000,000 for the fiscal 

 year ending September 30, 1978, $10,000,000 for the fiscal year ending Septem- 

 ber 30, 1979. $10,000,000 for the fiscal year ending September 30, 1980, and 

 $10,000,000 for each of the fiscal years ending September 30, 1981, September 30, 

 1982, September 30, 1983, September 30, 1984. and September 30. 1985. as may be 

 necessary, for grants under section 315 of this Act, to remain available until 

 expended. 



"(b) There are also authorized to be appropriated such sums, not to exceed 

 $5,000,000 for the fiscal vear ending June 30, 1976, $1,200,000 for the transitional 

 fiscal quarter ending September 30, 1976, $5,000,000 for the fiscal year ending 

 June 30, 1977, $5,000,000 for the fiscal year ending September 30, 1978, $5,000,000 

 for the fiscal vear ending September 30. 1979, and $5,000,000 for the fiscal year 

 ending September 30, 1980, as may be necessary, for administration expenses 

 incident to the administration of this Act.". 



"(16) The Coastal Zone Management Act of 1972, as amended (16 U.S.O. 1451 

 et seq.) is amended by inserting therein the following two new sections : 



"limitations 



Sec. 318. (a) Nothing in this Act shall be construed— 



"(1) to authorize or direct the Secretary, or any other Federal official, to 

 intercede in a State and- or water-use decision with respect to non-Federal lands 

 except to the extent and in the manner specifically authorized by this Act ; 



"(2) to require the approval of the Secretary as to any particular State land- 

 or water-use decision as a prerequisite to such State's eligibility for grants or 

 loans under this Act ; or . .^.x, t. 4.^ 



"(3) to expand or extend Federal review or approval authority with respect to 

 the siting or location of any specific energy facility. 



"(b) Anv grant or loan made pursuant to this Act shall not be deemed a major 

 Federal action' for the purposes of section 102(2) (C) of the National Environ- 

 mental Policy Act of 1969 (Public T.aw 91-190) . 



"STATK AND LOCAL G0^'T:RNMENT BOND GTTARANTEES 



"Sec. 319. (a) The Secretary is authorized, subject to such terms and conditions 

 as the Secretary prescribes, to make commitments to guarantee and to guarantee 

 against loss of' principal or interest the holders of bonds or other evidences of 

 indebtedness issued by a State or local government to reduce, ameliorate or 



