Title II— Financial Assistance to Participating States 



SECTION 201. General Authorization 



(a) The Secretary is authorized to provide financial assistance to participating States for the purposes 

 of this act for (1) planning, (2) acquisition of land, waters, or interests in land or waters, or (3) 

 development and restoration of pubUc lands and waters. 



(b) The Secretary shall prescribe such regulations, establish such procedures, and make such 

 arrangements and provisions relating to any performance of the functions under this title, and the use of 

 funds available therefor, as may be necessary in order to assure (1) coordination of the program 

 authorized by this title with related Federal assistance programs, including the Water Resources Planning 

 Act, Federal Aid in Wildlife Restoration Act, as amended, the Federal Aid in Fish Restoration Act, as 

 amended, the Land and Water Conservation Fund Act of 1965, the Commercial Fisheries Research and 

 Development Act of 1964, National Sea Grant College and Program Act, and the Housing Act of 1954 

 and (2) appropriate utilization of other Federal agencies administering programs which may contribute 

 to achieving the purpose of this Act. 



Allotments 



SECTION 202. 



(a) From the sums appropriated pursuant to section 201 for any fiscal year, the Secretary shall make 

 allotments among participating coastal States in accordance with his regulations and the objectives of 

 this act based on (1) the coastal or estuarine area within the proposed region, (2) the need of the State, 

 and (3) the merit of the proposed plan or project. 



(b) At the discretion of the State, payments or assistance may be made directly to the delegated State 

 Authority. 



(c) Payments to any State or Authority for planning purposes shall cover not more than 50 per 

 centum of the cost of planning. 



(d) Payments for operating expenses of an Authority may not be authorized except that the first two 

 years' operations may be funded from planning grant funds. 



(e) Recognizing that enforcement action is a vital role, allotments may be paid to participating States 

 as grants-in-aid for enforcement purposes. 



SECTION 203. 



(a) In addition to grants-in-aid, the Secretary is authorized to enter into agreement with participating 

 States or their delegated Authorities to underwrite by guaranty thereof bond issues or loans for the 

 purpose of land acquisition or land and water development and restoration projects. 



(b) The Secretary is further authorized to make payment for the amortization charges and loan 

 interest for the first five years following issue of the bond or loan. 



(c) Bond issues under this provision shall not be tax exempt. 



(d) Federal allotments under Section 202 in conjunction with guaranteed bond issues shall not exceed 

 the bond issue, or 50 per centum of the total cost of the acquisition or development, whichever is less. 



Review 



SECTION 204. Whenever the Secretary after reasonable notice and opportunity for hearing to a State 

 Authority finds that— 



IIM86 



