View all text of Subchapter V [§ 2280 - § 2357]
§ 2315b. Transparency and accountability in cost sharing for water resources development projects
(a) Definition of balance sheet
In this section, the term “balance sheet” means a document that describes—
(1) the funds provided by each Federal and non-Federal interest for a water resources development project; and
(2) the status of those funds.
(b) Establishment of balance sheet
Each district of the Corps of Engineers shall, using the authority of the Secretary under
(1) maintain a balance sheet for each water resources development project carried out by the Secretary for which a non-Federal cost share is required; and
(2) on request of a non-Federal interest that provided funds for the project, provide to the non-Federal interest a copy of the balance sheet.
(c) Under-budget projects
(Pub. L. 115–270, title I, § 1120, Oct. 23, 2018, 132 Stat. 3777.)