
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC1962a-2]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
                  CHAPTER 19B--WATER RESOURCES PLANNING
 
                  SUBCHAPTER I--WATER RESOURCES COUNCIL
 
Sec. 1962a-2. Principles, standards, and procedures for Federal 
        projects
        

(a) Establishment, consultation, revision

    The Council shall establish, after such consultation with other 
interested entities, both Federal and non-Federal, as the Council may 
find appropriate, and with the approval of the President, principles, 
standards, and procedures for Federal participants in the preparation of 
comprehensive regional or river basin plans and for the formulation and 
evaluation of Federal water and related land resources projects. Such 
procedures may include provision for Council revision of plans for 
Federal projects intended to be proposed in any plan or revision thereof 
being prepared by a river basin planning commission.

(b) Economic evaluation; primary criterion

    The Council shall develop standards and criteria for economic 
evaluation of water resource projects. For the purpose of those 
standards and criteria, the primary direct navigation benefits of a 
water resource project are defined as the product of the savings to 
shippers using the waterway and the estimated traffic that would use the 
waterway. ``Savings to shippers'' means the difference between (1) the 
freight rates or charges prevailing at the time of the study for the 
movement by the alternative means, and (2) those which would be charged 
on the proposed waterway. Estimated traffic that would use the waterway 
will be based on those freight rates, taking into account projections of 
the economic growth of the area.

(Pub. L. 89-80, title I, Sec. 103, July 22, 1965, 79 Stat. 245; Pub. L. 
97-449, Sec. 4(a), Jan. 12, 1983, 96 Stat. 2441.)


                               Amendments

    1983--Pub. L. 97-449 designated existing provisions as subsec. (a) 
and added subsec. (b).

                         Delegation of Functions

    Functions of President under this section delegated to Chairman of 
Water Resources Council, see Ex. Ord. No. 11747, eff. Nov. 7, 1973, 38 
F.R. 30993, as amended, set out as a note under section 1962a-3 of this 
title.


Computation of Prices for Agricultural Commodities for Use in Evaluation 
                 of Water Resources Development Projects

    Pub. L. 100-460, title VI, Sec. 632, Oct. 1, 1988, 102 Stat. 2262, 
provided that: ``Hereafter, none of the funds appropriated in this or 
any other Act shall be used to alter the method of computing normalized 
prices for agricultural commodities for use by any Federal agency in 
evaluating water resources development projects to be undertaken in 
whole or in part with Federal funds that was in effect as of January 1, 
1986.''
    Similar provisions were contained in Pub. L. 100-202, Sec. 101(k) 
[title VI, Sec. 634], Dec. 22, 1987, 101 Stat. 1329-322, 1329-357.
