777 



51 



cates the total appropriation for that section/and fiscal year. The 

 numeral in parentheses indicate the difference between existing appro- 

 priation authorizations for that section/and fiscal year and the new 

 appropriations autliorized by S. 586. Therefore, that numeral (in 

 parentheses) shows what actual new dollar amount is necessary to 

 fund fully the new section for that fiscal year authorized under S. 586. 

 Note also that fiscal vt^ar 1985 is representative of fiscal veare 1981, 

 1982, 1983, and 1984. " 



[In millions] 

 Appropriation for fiscal year ending- 



Trans. 1st 

 quarter, 

 June 30, Sept 30, Sept. 30, Sept. 30, Sept. 30, Sept. 30, Sept. 30, Section 



Section 1975 1976 1977 1978 1979 1980 1985 total 



305 (8) 20 (2) 5 (8) 20 (8) 20 (8) 20 (34) 85.0 



306 (20)50(5)12.5 (20)50 (20)50 (20)50 50 (135)262,5 



Islands and beaches 50 12.5 50 50 50 50 50 512.5 



308' automatic grant ... 50 12.5 50 50 (0 (0 (') '162.5 



308 impact fund 250 75 250 250 825.10 



309 interstate 5 1. 2 5 5 5 5 5 51.2 



310(b) Federal researcti. 5 1.2 5 5 5 5 5 51.2 



310(c) State-research... 5 1.2 5 5 5 5 5 51.2 



315Sanctuary (4)10 (1)2.5 (4)10 10 10 10 10 (89)102.5 



3192 bond guarantee... (2) (2) (2) (2) (2) (2) (2) (2) 



320 administrative costs. (2) 5 (.45)1.2 (2) 5 (2) 5 (2) 5 5 (13.45) 26.2 



Year total 450 12.48 450 450 150 130 75 3 2,129.8 



Actual new $ amount 

 year total 399 112.05 399 405 105 130 375 1,925.05 



' The committee is unable to project actual costs of sec. 308(k) (automatic grants) after the fiscal year ending Sept. 30 , 

 1978. Total funding for such automatic grants will be based on the following formula: (1) minimum of 100,000/maximum of 

 1,000,000 barrels (equivalent) per State per day at 20 cents per barrel 1st yr; 15cents 2d yr; 10 cents 3d yr; 8 cents 4th 

 and succeeding years. Funds available under this formula will be subject to a total yearly cost limitation of $50,000,000 up 

 to the fiscal year ending Sept. 30, 1978. For the 10 succeeding fiscal years, sufficient funds are authorized to fufill the 

 formula provision stated above. 



2 Sec. 319 authorized the Secretary to guarantee State and local bonds issued for specific purposes as related in the act. 

 Cost estimates for this provision are dependent upon the unforeseeable size and number of defaults by the State and local 

 governments in the payments due under the bonds. It should be noted that if at such time the U.S. Government is required 

 to fulfill its obligation as guarantor, it will have the right of reimbursement against the defaulting State or local government, 

 up to the limit of such funds due or accrued by the defaulting party unoer sec. 308 (k). 



3 Times 5. 



Changes in Existing Law 



In compliance with subsection (4) of rule XXIX of the standing 

 rules of the Senate, changes in existing law made by the bill as re- 

 ported are shown as follows (existing law proposed to be omitted is 

 enclosed in black brackets, new matter is printed in italic, existing law- 

 in which no change is proposed is shown in roman) : 



THE MARINE RESOURCES AND ENGINEERING DEVEL- 

 OPMENT ACT OF 1966, AS AMENDED BY THE ACT OF 

 OCTOBER 27, 1972 



(86 Stat. 1280, 33 U.S.C. 1101-1124) 



Title III — Management of the Coastal, Zone 



Congressional Findings 



