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vestments of the principal account shall not ex-
ceed the par value of the obligations so that the
amount of the principal account shall be pre-
served in perpetuity.
‘‘(F) HIGHEST YIELD.—Among eligible obli-
gations having the same maturity and purchase
price, the obligation to be purchased shall be the
obligation having the highest yield.
‘‘(G) HOLDING TO MATURITY.—Eligible ob-
ligations purchased shall generally be held to
their maturities.
‘‘(3) ANNUAL REVIEW OF INVESTMENT ACTIVI-
TIES.—Not less frequently than once each calendar
year, the Secretary of the Treasury shall review with
the State of South Dakota the results of the invest-
ment activities and financial status of the Fund dur-
ing the preceding 12-month period.
‘‘(4) AUDITS.—
‘‘(A) IN
GENERAL.—The activities of the
State of South Dakota (referred to in this sub-
section as the ‘State’) in carrying out the plan
of the State for terrestrial wildlife habitat res-
toration under section 602(a) shall be audited as
part of the annual audit that the State is re-
quired to prepare under the Office of Manage-
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ment and Budget Circular A–133 (or a successor
circulation).
‘‘(B) DETERMINATION
BY
AUDITORS.—An
auditor that conducts an audit under subpara-
graph (A) shall—
‘‘(i) determine whether funds received
by the State under this section during the
period covered by the audit were used to
carry out the plan of the State in accord-
ance with this section; and
‘‘(ii) include the determination under
clause (i) in the written findings of the
audit.
‘‘(5) MODIFICATION OF INVESTMENT REQUIRE-
MENTS.—
‘‘(A) IN GENERAL.—If the Secretary of the
Treasury determines that meeting the require-
ments under paragraph (2) with respect to the
investment of a Fund is not practicable, or
would result in adverse consequences for the
Fund, the Secretary shall modify the require-
ments, as the Secretary determines to be nec-
essary.
‘‘(B) CONSULTATION.—Before modifying a
requirement under subparagraph (A), the Sec-
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retary of the Treasury shall consult with the
State regarding the proposed modification.’’;
(2) in subsection (d)(2), by inserting ‘‘of the
Treasury’’ after Secretary’’; and
(3) by striking subsection (f) and inserting the
following:
‘‘(f) ADMINISTRATIVE EXPENSES.—There are author-
ized to be appropriated, out of any money in the Treasury
not otherwise appropriated, to the Secretary of the Treas-
ury, to pay expenses associated with investing the Fund
and auditing the uses of amounts withdrawn from the
Fund—
‘‘(1) up to $500,000 for each of fiscal years 2006
and 2007; and
‘‘(2) such sums as are necessary for each subse-
quent fiscal year.’’.
(c) INVESTMENT PROVISIONS FOR CHEYENNE RIVER
SIOUX TRIBE AND LOWER BRULE SIOUX TRIBE TRUST
FUNDS.—Section 604 of the Water Resources Development
Act of 1999 (113 Stat. 389) is amended—
(1) by striking subsection (c) and inserting the
following:
‘‘(c) INVESTMENTS.—
‘‘(1) ELIGIBLE OBLIGATIONS.—Notwithstanding
any other provision of law, the Secretary of the Treas-
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ury shall invest the amounts deposited under sub-
section (b) and the interest earned on those amounts
only in interest-bearing obligations of the United
States issued directly to the Funds.
‘‘(2) INVESTMENT REQUIREMENTS.—
‘‘(A) IN
GENERAL.—The Secretary of the
Treasury shall invest each of the Funds in ac-
cordance with all of the requirements of this
paragraph.
‘‘(B) SEPARATE
INVESTMENTS
OF
PRIN-
CIPAL AND INTEREST.—
‘‘(i) 
PRINCIPAL
ACCOUNT.—The
amounts deposited in each Fund under sub-
section (b) shall be credited to an account
within the Fund (referred to in this para-
graph as the ‘principal account’) and in-
vested as provided in subparagraph (C).
‘‘(ii) INTEREST ACCOUNT.—The inter-
est earned from investing amounts in the
principal account of each Fund shall be
transferred to a separate account within the
Fund (referred to in this paragraph as the
‘interest account’) and invested as provided
in subparagraph (D).
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‘‘(iii) CREDITING.—The interest earned
from investing amounts in the interest ac-
count of each Fund shall be credited to the
interest account.
‘‘(C) 
INVESTMENT
OF
PRINCIPAL
AC-
COUNT.—
‘‘(i) 
INITIAL
INVESTMENT.—Each
amount deposited in the principal account
of each Fund shall be invested initially in
eligible obligations having the shortest ma-
turity then available until the date on
which the amount is divided into 3 substan-
tially equal portions and those portions are
invested in eligible obligations that are
identical (except for transferability) to the
next-issued publicly issued Treasury obliga-
tions having a 2-year maturity, a 5-year
maturity, and a 10-year maturity, respec-
tively.
‘‘(ii) SUBSEQUENT
INVESTMENT.—As
each 2-year, 5-year, and 10-year eligible ob-
ligation matures, the principal of the ma-
turing eligible obligation shall also be in-
vested initially in the shortest-maturity eli-
gible obligation then available until the
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principal is reinvested substantially equally
in the eligible obligations that are identical
(except for transferability) to the next-issued
publicly issued Treasury obligations having
2-year, 5-year, and 10-year maturities.
‘‘(iii) DISCONTINUATION OF ISSUANCE
OF OBLIGATIONS.—If the Department of the
Treasury discontinues issuing to the public
obligations having 2-year, 5-year, or 10-
year maturities, the principal of any ma-
turing eligible obligation shall be reinvested
substantially equally in eligible obligations
that are identical (except for transfer-
ability) to the next-issued publicly issued
Treasury obligations of the maturities
longer than 1 year then available.
‘‘(D) INVESTMENT OF THE INTEREST AC-
COUNT.—
‘‘(i) BEFORE FULL CAPITALIZATION.—
Until the date on which each Fund is fully
capitalized, amounts in the interest account
of the Fund shall be invested in eligible obli-
gations that are identical (except for trans-
ferability) to publicly issued Treasury obli-
gations that have maturities that coincide,
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to the maximum extent practicable, with the
date on which the Fund is expected to be
fully capitalized.
‘‘(ii) AFTER FULL CAPITALIZATION.—
On and after the date on which each Fund
is fully capitalized, amounts in the interest
account of the Fund shall be invested and
reinvested in eligible obligations having the
shortest maturity then available until the
amounts are withdrawn and transferred to
fund the activities authorized under sub-
section (d)(3).
‘‘(E) PAR PURCHASE PRICE.—The price to
be paid for eligible obligations purchased as in-
vestments of the principal account shall not ex-
ceed the par value of the obligations so that the
amount of the principal account shall be pre-
served in perpetuity.
‘‘(F) HIGHEST YIELD.—Among eligible obli-
gations having the same maturity and purchase
price, the obligation to be purchased shall be the
obligation having the highest yield.
‘‘(G) HOLDING TO MATURITY.—Eligible ob-
ligations purchased shall generally be held to
their maturities.
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‘‘(3) ANNUAL REVIEW OF INVESTMENT ACTIVI-
TIES.—Not less frequently than once each calendar
year, the Secretary of the Treasury shall review with
the Cheyenne River Sioux Tribe and the Lower Brule
Sioux Tribe (referred to in this subsection as the
‘Tribes’) the results of the investment activities and fi-
nancial status of the Funds during the preceding 12-
month period.
‘‘(4) AUDITS.—
‘‘(A) IN
GENERAL.—The activities of the
Tribes in carrying out the plans of the Tribes for
terrestrial wildlife habitat restoration under sec-
tion 602(a) shall be audited as part of the an-
nual audit that the Tribes are required to pre-
pare under the Office of Management and Budg-
et Circular A-133 (or a successor circulation).
‘‘(B) DETERMINATION
BY
AUDITORS.—An
auditor that conducts an audit under subpara-
graph (A) shall—
‘‘(i) determine whether funds received
by the Tribes under this section during the
period covered by the audit were used to
carry out the plan of the appropriate Tribe
in accordance with this section; and
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‘‘(ii) include the determination under
clause (i) in the written findings of the
audit.
‘‘(5) MODIFICATION OF INVESTMENT REQUIRE-
MENTS.—
‘‘(A) IN GENERAL.—If the Secretary of the
Treasury determines that meeting the require-
ments under paragraph (2) with respect to the
investment of a Fund is not practicable, or
would result in adverse consequences for the
Fund, the Secretary shall modify the require-
ments, as the Secretary determines to be nec-
essary.
‘‘(B) CONSULTATION.—Before modifying a
requirement under subparagraph (A), the Sec-
retary of the Treasury shall consult with the
Tribes regarding the proposed modification.’’;
and
(2) by striking subsection (f) and inserting the
following:
‘‘(f) ADMINISTRATIVE EXPENSES.—There are author-
ized to be appropriated, out of any money in the Treasury
not otherwise appropriated, to the Secretary of the Treasury
to pay expenses associated with investing the Funds and
auditing the uses of amounts withdrawn from the Funds—
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‘‘(1) up to $500,000 for each of fiscal years 2006
and 2007; and
‘‘(2) such sums as are necessary for each subse-
quent fiscal year.’’.
SEC. 5025. TEXAS.
(a) ESTABLISHMENT
OF PROGRAM.—The Secretary
shall establish a program to provide environmental assist-
ance to non-Federal interests in the State of Texas.
(b) FORM OF ASSISTANCE.—Assistance under this sec-
tion may be in the form of planning, design, and construc-
tion assistance for water-related environmental infrastruc-
ture and resource protection and development projects in
Texas, including projects for water supply, storage, treat-
ment, and related facilities, water quality protection, waste-
water treatment, and related facilities, environmental res-
toration, and surface water resource protection, and devel-
opment, as identified by the Texas Water Development
Board.
(c) PUBLIC OWNERSHIP REQUIREMENT.—The Sec-
retary may provide assistance for a project under this sec-
tion only if the project is publicly owned.
(d) PARTNERSHIP AGREEMENTS.—Before providing
assistance under this section, the Secretary shall enter into
a partnership agreement with a non-Federal interest.
(e) COST SHARING.—
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(1) IN GENERAL.—The Federal share of the cost
of the project under this section—
(A) shall be 75 percent; and
(B) may be provided in the form of grants
or reimbursements of project costs.
(2) IN-KIND SERVICES.—The non-Federal share
may be provided in the form of materials and in-kind
services, including planning, design, construction,
and management services, as the Secretary determines
to be compatible with, and necessary for, the project.
(3) CREDIT FOR DESIGN WORK.—The non-Fed-
eral interest shall receive credit for the reasonable
costs of design work completed by the non-Federal in-
terest before entering into a local cooperation agree-
ment with the Secretary for a project.
(4) 
CREDIT
FOR
LAND, 
EASEMENTS, 
AND
RIGHTS-OF-WAY.—The non-Federal interest shall re-
ceive credit for land, easements, rights-of-way, and re-
locations toward the non-Federal share of project
costs.
(5) OPERATION AND MAINTENANCE.—The non-
Federal share of operation and maintenance costs for
projects constructed with assistance provided under
this section shall be 100 percent.
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(f) APPLICABILITY OF OTHER FEDERAL AND STATE
LAWS.—Nothing in this section waives, limits, or otherwise
affects the applicability of any provision of Federal or State
law that would otherwise apply to a project to be carried
out with assistance provided under this section.
(g) AUTHORIZATION OF APPROPRIATIONS.—There is
authorized to be appropriated to carry out this section
$40,000,000.
SEC. 5026. CONNECTICUT RIVER DAMS, VERMONT.
(a) IN GENERAL.—The Secretary shall evaluate, de-
sign, and construct structural modifications at full Federal
cost to the Union Village Dam (Ompompanoosuc River),
North Hartland Dam (Ottauquechee River), North Spring-
field Dam (Black River), Ball Mountain Dam (West River),
and Townshend Dam (West River), Vermont, to regulate
flow and temperature to mitigate downstream impacts on
aquatic habitat and fisheries.
(b) AUTHORIZATION OF APPROPRIATIONS.—There is
authorized to be appropriated to carry out this section
$30,000,000.
SEC. 5027. COST SHARING PROVISIONS FOR THE TERRI-
TORIES.
Section 1156 of the Water Resources Development Act
of 1986 (33 U.S.C. 2310) is amended—
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(1) by striking ‘‘The Secretary’’ and inserting
the following:
‘‘(a) IN GENERAL.—The Secretary’’; and
(2) by adding at the end the following:
‘‘(b) USE OF FEDERAL FUNDS BY NON-FEDERAL IN-
TERESTS.—A non-Federal interest may use Federal funds
to provide the non-Federal share of the costs of a study or
project carried out at a location referred to in subsection
(a), if the agency or department that provides the Federal
funds determines that the funds are eligible to be used for
that purpose.’’.
SEC. 5028. INNER HARBOR NAVIGATION CANAL LOCK
PROJECT.
Not later than July 1, 2008, the Secretary shall—
(1) issue a final environmental impact statement
relating to the Inner Harbor Navigation Canal Lock
project; and
(2) develop and maintain a transportation miti-
gation program relating to that project in coordina-
tion with—
(A) St. Bernard Parish;
(B) Orleans Parish;
(C) the Old Arabi Neighborhood Associa-
tion; and
(D) other interested parties.
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SEC. 5029. GREAT LAKES NAVIGATION.
(a) DEFINITION OF GREAT LAKES AND CONNECTING
CHANNELS.—In this section, the term ‘‘Great Lakes and
connecting channels’’ includes—
(1) Lakes Superior, Huron, Michigan, Erie, and
Ontario;
(2) any connecting water between or among
those lakes that is used for navigation;
(3) any navigation feature in those lakes or
water the operation or maintenance of which is a
Federal responsibility; and
(4) any area of the Saint Lawrence River that
is operated or maintained by the Federal Government
for navigation.
(b) NAVIGATION.—Using available funds, the Secretary
shall expedite the operation and maintenance, including
dredging to authorized project depths, of the navigation fea-
tures of the Great Lakes and connecting channels for the
purpose of supporting navigation.
TITLE VI—PROJECT
DEAUTHORIZATIONS
SEC. 6001. LITTLE COVE CREEK, GLENCOE, ALABAMA.
The project for flood damage reduction, Little Cove
Creek, Glencoe, Alabama, authorized by the Supplemental
Appropriations Act, 1985 (99 Stat. 312), is not authorized.
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SEC. 6002. GOLETA AND VICINITY, CALIFORNIA.
The project for flood control, Goleta and Vicinity, Cali-
fornia, authorized by section 201 of the Flood Control Act
of 1970 (84 Stat. 1826), is not authorized.
SEC. 6003. BRIDGEPORT HARBOR, CONNECTICUT.
(a) IN GENERAL.—The portion of the project for navi-
gation, Bridgeport Harbor, Connecticut, authorized by the
Act of July 3, 1930 (46 Stat. 919), consisting of an 18-
foot channel in Yellow Mill River and described in sub-
section (b), is not authorized.
(b) DESCRIPTION OF PROJECT.—The project referred
to in subsection (a) is described as beginning at a point
along the eastern limit of the existing project, N.
123,649.75, E. 481,920.54, thence running northwesterly
about 52.64 feet to a point N. 123,683.03, E. 481,879.75,
thence running northeasterly about 1,442.21 feet to a point
N. 125,030.08, E. 482,394.96, thence running northeasterly
about 139.52 feet to a point along the east limit of the exist-
ing channel, N. 125,133.87, E. 482,488.19, thence running
southwesterly about 1,588.98 feet to the point of origin.
SEC. 6004. INLAND WATERWAY FROM DELAWARE RIVER TO
CHESAPEAKE BAY, PART II, INSTALLATION OF
FENDER PROTECTION FOR BRIDGES, DELA-
WARE AND MARYLAND.
The project for the construction of bridge fenders for
the Summit and St. Georges Bridge for the Inland Water-
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way of the Delaware River to the C & D Canal of the Chesa-
peake Bay, authorized by the River and Harbor Act of 1954
(68 Stat. 1249), is not authorized.
SEC. 6005. SHINGLE CREEK BASIN, FLORIDA.
The project for flood control, Central and Southern
Florida Project, Shingle Creek Basin, Florida, authorized
by section 203 of the Flood Control Act of 1962 (76 Stat.
1182), is not authorized.
SEC. 6006. ILLINOIS WATERWAY, SOUTH FORK OF THE
SOUTH BRANCH OF THE CHICAGO RIVER, IL-
LINOIS.
(a) IN GENERAL.—The portion of the Illinois Water-
way project authorized by the Act of January 21, 1927
(commonly known as the ‘‘River and Harbor Act of 1927’’)
(44 Stat. 1013), in the South Fork of the South Branch
of the Chicago River, as identified in subsection (b) is not
authorized.
(b) DESCRIPTION OF PROJECT PORTION.—The portion
of the project referred to in subsection (a) is the portion
of the SW 1⁄4 of sec. 29, T. 39 N., R. 14 E., Third Principal
Meridian, Cook County, Illinois, and more particularly de-
scribed as follows:
(1) Commencing at the SW corner of the SW 1⁄4.
(2) Thence north 1 degree, 32 minutes, 31 sec-
onds west, bearing based on the Illinois State Plane
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Coordinate System, NAD 83 east zone, along the west
line of that quarter, 1810.16 feet to the southerly line
of the Illinois and Michigan Canal.
(3) Thence north 50 degrees, 41 minutes, 55 sec-
onds east along that southerly line 62.91 feet to the
easterly line of South Ashland Avenue, as widened by
the ordinance dated November 24, 1920, which is also
the east line of an easement to the State of Illinois
for highway purposes numbered 12340342 and re-
corded July 13, 1939, for a point of beginnings.
(4) Thence continuing north 50 degrees, 41 min-
utes, 55 seconds east along that southerly line 70.13
feet to the southerly line of the South Branch Turning
Basin per for the plat numbered 3645392 and re-
corded January 19, 1905.
(5) Thence south 67 degrees, 18 minutes, 31 sec-
onds east along that southerly line 245.50 feet.
(6) Thence north 14 degrees, 35 minutes, 13 sec-
onds east 145.38 feet.
(7) Thence north 10 degrees, 57 minutes, 15 sec-
onds east 326.87 feet.
(8) Thence north 17 degrees, 52 minutes, 44 sec-
onds west 56.20 feet.
(9) Thence north 52 degrees, 7 minutes, 32 sec-
onds west 78.69 feet.
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(10) Thence north 69 degrees, 26 minutes, 35 sec-
onds west 58.97 feet.
(11) Thence north 90 degrees, 00 minutes, 00 sec-
onds west 259.02 feet to the east line of South Ash-
land Avenue.
(12) Thence south 1 degree, 32 minutes, 31 sec-
onds east along that east line 322.46 feet.
(13) Thence south 00 degrees, 14 minutes, 35 sec-
onds east along that east line 11.56 feet to the point
of beginnings.
SEC. 6007. BREVOORT, INDIANA.
The project for flood control, Brevoort, Indiana, au-
thorized by section 5 of the Flood Control Act of 1936 (49
Stat. 1587), is not authorized.
SEC. 6008. MIDDLE WABASH, GREENFIELD BAYOU, INDIANA.
The project for flood control, Middle Wabash, Green-
field Bayou, Indiana, authorized by section 10 of the Flood
Control Act of 1946 (60 Stat. 649), is not authorized.
SEC. 6009. LAKE GEORGE, HOBART, INDIANA.
The project for flood damage reduction, Lake George,
Hobart, Indiana, authorized by section 602 of the Water
Resources Development Act of 1986 (100 Stat. 4148), is not
authorized.
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SEC. 6010. GREEN BAY LEVEE AND DRAINAGE DISTRICT NO.
2, IOWA.
The project for flood damage reduction, Green Bay
Levee and Drainage District No. 2, Iowa, authorized by sec-
tion 401(a) of the Water Resources Development Act of 1986
(100 Stat. 4115), deauthorized in fiscal year 1991, and re-
authorized by section 115(a)(1) of the Water Resources De-
velopment Act of 1992 (106 Stat. 4821), is not authorized.
SEC. 6011. MUSCATINE HARBOR, IOWA.
The project for navigation at the Muscatine Harbor
on the Mississippi River at Muscatine, Iowa, authorized by
section 101 of the River and Harbor Act of 1950 (64 Stat.
166), is not authorized.
SEC. 6012. BIG SOUTH FORK NATIONAL RIVER AND REC-
REATIONAL 
AREA, 
KENTUCKY 
AND 
TEN-
NESSEE.
The project for recreation facilities at Big South Fork
National River and Recreational Area, Kentucky and Ten-
nessee, authorized by section 108 of the Water Resources De-
velopment Act of 1974 (88 Stat. 43), is not authorized.
SEC. 6013. EAGLE CREEK LAKE, KENTUCKY.
The project for flood control and water supply, Eagle
Creek Lake, Kentucky, authorized by section 203 of the
Flood Control Act of 1962 (76 Stat. 1188), is not author-
ized.
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SEC. 6014. HAZARD, KENTUCKY.
The project for flood damage reduction, Hazard, Ken-
tucky, authorized by section 3 of the Water Resources Devel-
opment Act of 1988 (102 Stat. 4014) and section 108 of
the Water Resources Development Act of 1990 (104 Stat.
4621), is not authorized.
SEC. 6015. WEST KENTUCKY TRIBUTARIES, KENTUCKY.
The project for flood control, West Kentucky Tribu-
taries, Kentucky, authorized by section 204 of the Flood
Control Act of 1965 (79 Stat. 1081), section 201 of the Flood
Control Act of 1970 (84 Stat. 1825), and section 401(b) of
the Water Resources Development Act of 1986 (100 Stat.
4129), is not authorized.
SEC. 6016. BAYOU COCODRIE AND TRIBUTARIES, LOU-
ISIANA.
The project for flood damage reduction, Bayou
Cocodrie and Tributaries, Louisiana, authorized by section
3 of the of the Act of August 18, 1941 (55 Stat. 644, chapter
377), and section 1(a) of the Water Resources Development
Act of 1974 (88 Stat. 12), is not authorized.
SEC. 6017. BAYOU LAFOURCHE AND LAFOURCHE JUMP,
LOUISIANA.
The uncompleted portions of the project for navigation
improvement for Bayou LaFourche and LaFourche Jump,
Louisiana, authorized by the Act of August 30, 1935 (49
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Stat. 1033, chapter 831), and the River and Harbor Act
of 1960 (74 Stat. 481), are not authorized.
SEC. 
6018. 
EASTERN 
RAPIDES 
AND 
SOUTH-CENTRAL
AVOYELLES PARISHES, LOUISIANA.
The project for flood control, Eastern Rapides and
South-Central Avoyelles Parishes, Louisiana, authorized by
section 201 of the Flood Control Act of 1970 (84 Stat. 1825),
is not authorized.
SEC. 6019. FORT LIVINGSTON, GRAND TERRE ISLAND, LOU-
ISIANA.
The project for erosion protection and recreation, Fort
Livingston, Grande Terre Island, Louisiana, authorized by
the Act of August 13, 1946 (commonly known as the ‘‘Flood
Control Act of 1946’’) (33 U.S.C. 426e et seq.), is not au-
thorized.
SEC. 6020. GULF INTERCOASTAL WATERWAY, LAKE BORGNE
AND CHEF MENTEUR, LOUISIANA.
The project for the construction of bulkheads and jetties
at Lake Borgne and Chef Menteur, Louisiana, as part of
the Gulf Intercoastal Waterway authorized by the first sec-
tion of the River and Harbor Act of 1946 (60 Stat. 635),
is not authorized.
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SEC. 6021. RED RIVER WATERWAY, SHREVEPORT, LOU-
ISIANA TO DAINGERFIELD, TEXAS.
The project for the Red River Waterway, Shreveport,
Louisiana to Daingerfield, Texas, authorized by section 101
of the River and Harbor Act of 1968 (82 Stat. 731), is not
authorized.
SEC. 6022. CASCO BAY, PORTLAND, MAINE.
The project for environmental infrastructure, Casco
Bay in the Vicinity of Portland, Maine, authorized by sec-
tion 307 of the Water Resources Development Act of 1992
(106 Stat. 4841), is not authorized.
SEC. 6023. NORTHEAST HARBOR, MAINE.
The project for navigation, Northeast Harbor, Maine,
authorized by section 2 of the Act of March 2, 1945 (59
Stat. 12, chapter 19), is not authorized.
SEC. 6024. PENOBSCOT RIVER, BANGOR, MAINE.
The project for environmental infrastructure, Penob-
scot River in the Vicinity of Bangor, Maine, authorized by
section 307 of the Water Resources Development Act of 1992
(106 Stat. 4841), is not authorized.
SEC. 6025. SAINT JOHN RIVER BASIN, MAINE.
The project for research and demonstration program
of cropland irrigation and soil conservation techniques,
Saint John River Basin, Maine, authorized by section 1108
of the Water Resources Development Act of 1986 (106 Stat.
4230), is not authorized.