[Code of Federal Regulations]

[Title 33, Volume 3]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 33CFR240.5]



[Page 331-332]

 

                TITLE 33--NAVIGATION AND NAVIGABLE WATERS

 

 CHAPTER II--CORPS OF ENGINEERS, DEPARTMENT OF THE ARMY, DEPARTMENT OF 

                                 DEFENSE

 

PART 240_GENERAL CREDIT FOR FLOOD CONTROL--Table of Contents

 

Sec.  240.5  Discussion.



    Discussion of this legislation is contained in the Conference 

Report, H.R. Rpt. No. 99-1013, which accompanies H.R. 6. The House 

passed version of the bill contained a number of project-specific 

provisions that authorized credit against the non-Federal share for 

compatible work completed by local interests. The Senate passed version 

authorized crediting of compatible flood control works for projects 

under study. Both general provisions would enable local interests to 

proceed with compatible work on the understanding that the local 

improvements would be considered a part of the Federal project for the 

purpose of benefit-to-cost analysis, as well as subsequent cost sharing. 

The Conference Committee deleted virtually all of the crediting 

provisions applicable to individual projects and expanded the general 

provision allowing the Secretary to credit the cost of certain work 

undertaken by local interests prior to project authorization against the 

non-Federal share of project costs and to consider the benefits and 

costs in the economic evaluation of a more comprehensive project.



[[Page 332]]



This authority provides a basis for non-Federal interests to undertake 

local work to alleviate flood damages in the period preceding 

authorization of a Federal project with assurance that they will not 

adversely affect the project's economic feasibility. It provides local 

sponsors more flexibility in meeting their flood problems.