instruction:
In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
question:
SECTION 1. SHORT TITLE.
    This Act may be cited as the ``American Veterans Disabled for Life 
Commemorative Coin Act''.
SEC. 2. FINDINGS.
    The Congress finds as follows:
        (1) The Armed Forces of the United States have answered the 
    call and served with distinction around the world--from hitting the 
    beaches in World War II in the Pacific and Europe, to the cold and 
    difficult terrain in Korea, the steamy jungles of Vietnam, and the 
    desert sands of the Middle East.
        (2) All Americans should commemorate those who come home having 
    survived the ordeal of war, and solemnly honor those who made the 
    ultimate sacrifice in giving their lives for their country.
        (3) All Americans should honor the millions of living disabled 
    veterans who carry the scars of war every day, and who have made 
    enormous personal sacrifices defending the principles of our 
    democracy.
        (4) In 2000, Congress authorized the construction of the 
    American Veterans Disabled for Life Memorial.
        (5) The United States should pay tribute to the Nation's living 
    disabled veterans by minting and issuing a commemorative silver 
    dollar coin.
        (6) The surcharge proceeds from the sale of a commemorative 
    coin would raise valuable funding for the construction of the 
    American Veterans Disabled for Life Memorial.
SEC. 3. COIN SPECIFICATIONS.
    (a) $1 Silver Coins.--The Secretary of the Treasury (hereafter in 
this Act referred to as the ``Secretary'') shall mint and issue not 
more than 350,000 $1 coins in commemoration of disabled American 
veterans, each of which shall--
        (1) weigh 26.73 grams;
        (2) have a diameter of 1.500 inches; and
        (3) contain 90 percent silver and 10 percent copper.
    (b) Legal Tender.--The coins minted under this Act shall be legal 
tender, as provided in section 5103 of title 31, United States Code.
    (c) Numismatic Items.--For purposes of sections 5134 and 5136 of 
title 31, United States Code, all coins minted under this Act shall be 
considered to be numismatic items.
SEC. 4. DESIGN OF COINS.
    (a) Design Requirements.--
        (1) Design.--The design of the coins minted under this Act 
    shall be emblematic of the service of our disabled veterans who, 
    having survived the ordeal of war, made enormous personal 
    sacrifices defending the principles of our democracy.
        (2) Designation and inscriptions.--On each coin minted under 
    this Act, there shall be--
            (A) a designation of the value of the coin;
            (B) an inscription of the year ``2010''; and
            (C) inscriptions of the words ``Liberty'', ``In God We 
        Trust'', ``United States of America'', and ``E Pluribus Unum''.
    (b) Selection.--The design for the coins minted under this Act 
shall be--
        (1) selected by the Secretary, after consultation with the 
    Disabled Veterans' LIFE Memorial Foundation and the Commission of 
    Fine Arts; and
        (2) reviewed by the Citizens Coinage Advisory Committee.
SEC. 5. ISSUANCE OF COINS.
    (a) Quality of Coins.--Coins minted under this Act shall be issued 
in uncirculated and proof qualities.
    (b) Mint Facility.--
        (1) In general.--Only 1 facility of the United States Mint may 
    be used to strike any particular quality of the coins minted under 
    this Act.
        (2) Use of the united states mint at west point, new york.--It 
    is the sense of the Congress that the coins minted under this Act 
    should be struck at the United States Mint at West Point, New York, 
    to the greatest extent possible.
    (c) Period for Issuance.--The Secretary may issue coins under this 
Act only during the calendar year beginning on January 1, 2010.
SEC. 6. SALE OF COINS.
    (a) Sale Price.--The coins issued under this Act shall be sold by 
the Secretary at a price equal to the sum of--
        (1) the face value of the coins;
        (2) the surcharge provided in section 7 with respect to such 
    coins; and
        (3) the cost of designing and issuing the coins (including 
    labor, materials, dies, use of machinery, overhead expenses, 
    marketing, and shipping).
    (b) Bulk Sales.--The Secretary shall make bulk sales of the coins 
issued under this Act at a reasonable discount.
    (c) Prepaid Orders.--
        (1) In general.--The Secretary shall accept prepaid orders for 
    the coins minted under this Act before the issuance of such coins.
        (2) Discount.--Sale prices with respect to prepaid orders under 
    paragraph (1) shall be at a reasonable discount.
SEC. 7. SURCHARGES.
    (a) In General.--All sales of coins issued under this Act shall 
include a surcharge of $10 per coin.
    (b) Distribution.--Subject to section 5134(f) of title 31, United 
States Code, all surcharges received by the Secretary from the sale of 
coins issued under this Act shall be paid to the Disabled Veterans' 
LIFE Memorial Foundation for the purpose of establishing an endowment 
to support the construction of American Veterans' Disabled for Life 
Memorial in Washington, D.C.
    (c) Audits.--The Comptroller General of the United States shall 
have the right to examine such books, records, documents, and other 
data of the Disabled Veterans' LIFE Memorial Foundation as may be 
related to the expenditures of amounts paid under subsection (b).
    (d) Limitation.--Notwithstanding subsection (a), no surcharge may 
be included with respect to the issuance under this Act of any coin 
during a calendar year if, as of the time of such issuance, the 
issuance of such coin would result in the number of commemorative coin 
programs issued during such year to exceed the annual 2 commemorative 
coin program issuance limitation under section 5112(m)(1) of title 31, 
United States Code (as in effect on the date of the enactment of this 
Act). The Secretary of the Treasury may issue guidance to carry out 
this subsection.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.
answer:
American Veterans Disabled for Life Commemorative Coin Act - Directs the Secretary of the Treasury to mint and issue $1 silver coins emblematic of the service of our disabled veterans who, having survived the ordeal of war, made enormous personal sacrifices defending the principles of our democracy.

Expresses the sense of Congress that, to the greatest extent possible, the coins should be struck at the U.S. Mint at West Point, New York.

 Limits the period for coin issuance to the calendar year beginning on January 1, 2010.

Imposes a $10 surcharge per coin, to be distributed to the Disabled Veterans' LIFE Memorial Foundation for the purpose of establishing an endowment to support the construction of American Veterans' Disabled for Life Memorial in Washington, D.C.

Prohibits a surcharge with respect to the issuance under this Act of any coin during a calendar year if, at the time of issuance, it would result in more than the statuory maximum of two commemorative coin programs per year.


question:
SECTION 1. SHORT TITLE.
    This Act may be cited as the ``American Innovation $1 Coin Act''.
SEC. 2. AMERICAN INNOVATION $1 COIN PROGRAM.
    Section 5112 of title 31, United States Code, is amended by 
inserting after subsection (v) the following new subsection:
    ``(w) Redesign and Issuance of $1 Coins Honoring Innovation and 
Innovators From Each State, the District of Columbia, and Each 
Territory.--
        ``(1) Redesign beginning in 2019.--
            ``(A) In general.--Notwithstanding subsection (d)(1) and 
        subsection (d)(2) and in accordance with the provisions of this 
        subsection, during the 14-year period beginning on January 1, 
        2019 (or such later date as provided under subparagraph 
        (B)(ii)), the Secretary of the Treasury shall mint and issue $1 
        coins to be known as `American Innovation $1 coins', that--
                ``(i) have designs on the obverse selected in 
            accordance with paragraph (2)(A); and
                ``(ii) have a design on the reverse selected in 
            accordance with paragraph (2)(B).
            ``(B) Continuity provisions.--
                ``(i) In general.--Notwithstanding subparagraph (A), 
            the Secretary shall continue to mint and issue $1 coins 
            honoring Native Americans and their contributions in 
            accordance with subsection (r).
                ``(ii) First coin.--Notwithstanding subparagraph (A), 
            if the Secretary finds that it is feasible and cost-
            effective, the Secretary may mint and issue a $1 coin in 
            2018 to introduce the series of coins described in this 
            subsection, that--

                    ``(I) has the obverse described under paragraph 
                (2)(A);
                    ``(II) has a reverse that bears the inscription 
                `United States of America' and `American Innovators' 
                and a representation of the signature of President 
                George Washington on the first United States patent 
                issued;
                    ``(III) has the edge-incusing described under 
                paragraph (2)(C); and
                    ``(IV) the design for which has reviewed by the 
                Citizens Coinage Advisory Committee.

            ``(C) Definition of territory.--For purposes of this 
        subsection, the term `territory' means the Commonwealth of 
        Puerto Rico, Guam, American Samoa, the United States Virgin 
        Islands, and the Commonwealth of the Northern Mariana Islands.
        ``(2) Design requirements.--Notwithstanding subsection (d)(1) 
    and subsection (d)(2), the $1 coins issued in accordance with 
    paragraph (1)(A) shall meet the following design requirements:
            ``(A) Coin obverse.--The common design on the obverse of 
        each coin issued under this subsection shall contain--
                ``(i) a likeness of the Statue of Liberty extending to 
            the rim of the coin and large enough to provide a dramatic 
            representation of Liberty;
                ``(ii) the inscription `$1'; and
                ``(iii) the inscription `In God We Trust'.
            ``(B) Coin reverse.--The design on the reverse of each coin 
        issued under this subsection shall bear the following:
                ``(i) An image or images emblematic of one of the 
            following from one of the 50 States, the District of 
            Columbia, or the territories of the United States:

                    ``(I) A significant innovation.
                    ``(II) An innovator.
                    ``(III) A group of innovators.

                ``(ii) The name of the State, the District of Columbia, 
            or territory, as applicable.
                ``(iii) The inscription `United States of America'.
            ``(C) Edge-incused inscriptions.--
                ``(i) In general.--The inscription of the year of 
            minting or issuance of the coin, the mint mark, and the 
            inscription `E Pluribus Unum' shall be edge-incused into 
            the coin.
                ``(ii) Preservation of distinctive edge.--The edge-
            incusing of the inscriptions under clause (i) on coins 
            issued under this subsection shall be done in a manner that 
            preserves the distinctive edge of the coin so that the 
            denomination of the coin is readily discernible, including 
            by individuals who are blind or visually impaired.
        ``(3) Issuance of coins commemorating innovation or 
    innovators.--
            ``(A) Order of issuance.--
                ``(i) In general.--The coins issued under this 
            subsection commemorating either an innovation, an 
            individual innovator, or a group of innovators, from each 
            State, the District of Columbia, or a territory shall be 
            issued in the following order:

                    ``(I) State.--With respect to each State, the coins 
                shall be issued in the order in which the States 
                ratified the Constitution of the United States or were 
                admitted into the Union, as the case may be.
                    ``(II) District of columbia and territories.--After 
                all coins are issued under subclause (I), the coins 
                shall be issued for the District of Columbia and the 
                territories in the following order: the District of 
                Columbia, the Commonwealth of Puerto Rico, Guam, 
                American Samoa, the United States Virgin Islands, and 
                the Commonwealth of the Northern Mariana Islands.

                ``(ii) Application in event of the admission of 
            additional states.--Notwithstanding clause (i), if any 
            additional State is admitted into the Union before the end 
            of the 14-year period referred to in paragraph (1), the 
            Secretary of the Treasury may issue a $1 coin with respect 
            to the additional State in accordance with clause (i)(I).
                ``(iii) Application in the event of independence or 
            adding of a territory.--Notwithstanding clause (i)--

                    ``(I) if any territory becomes independent or 
                otherwise ceases to be a territory of the United States 
                before $1 coins are minted pursuant to this subsection, 
                the subsection shall cease to apply with respect to 
                such territory; and
                    ``(II) if any new territory is added to the United 
                States, $1 coins shall be issued for such territories 
                in the order in which the new the territories are 
                added, beginning after the $1 coin is issued for the 
                Commonwealth of the Northern Mariana Islands.

            ``(B) Issuance of coins commemorating four innovations or 
        innovators during each of 14 years.--
                ``(i) In general.--Four $1 coin designs as described in 
            this subsection shall be issued during each year of the 
            period referred to in paragraph (1) until 1 coin featuring 
            1 innovation, an individual innovator, or a group of 
            innovators, from each of the States, the District of 
            Columbia, and territories has been issued.
                ``(ii) Number of coins of each design.--The Secretary 
            shall prescribe, on the basis of such factors as the 
            Secretary determines to be appropriate, the number of $1 
            coins that shall be issued with each of the designs 
            selected for each year of the period referred to in 
            paragraph (1).
        ``(4) Selection of concept and design.--
            ``(A) Concept.--With respect to each State, the District of 
        Columbia, and each territory to be honored with a coin under 
        this subsection, the selection of the significant innovation, 
        innovator, or group of innovators to be borne on the reverse of 
        such coin shall be made by the Secretary of the Treasury, after 
        consultation with the Governor or other chief executive of the 
        State, the District of Columbia, or territory with respect to 
        which a coin is to be issued under this subsection.
            ``(B) Design.--Each of the designs required under this 
        subsection shall be selected by the Secretary after--
                ``(i) consultation with--

                    ``(I) the Governor or other chief executive of the 
                State, the District of Columbia, or territory with 
                respect to which a coin is to be issued under this 
                subsection; and
                    ``(II) the Commission of Fine Arts; and

                ``(ii) review by the Citizens Coinage Advisory 
            Committee.
            ``(C) Selection and approval process.--Proposals for 
        designs for $1 coins under this subsection may be submitted in 
        accordance with the design selection and approval process 
        developed by the Secretary in the sole discretion of the 
        Secretary.
            ``(D) Standards.--Because it is important that the Nation's 
        coinage and currency bear dignified designs of which the 
        citizens of the United States can be proud, the Secretary shall 
        not select any frivolous or inappropriate design for any $1 
        coin minted under this subsection.
            ``(E) Prohibition on certain representations.--No head and 
        shoulders portrait or bust of any person and no portrait of a 
        living person may be included in the design of any coin issued 
        under this subsection.
        ``(5) Treatment as numismatic items.--For purposes of sections 
    5134 and 5136, all $1 coins minted under this subsection shall be 
    considered to be numismatic items.
        ``(6) Issuance of numismatic coins.--The Secretary may mint and 
    issue such number of $1 coins of each design selected under this 
    subsection in uncirculated and proof qualities as the Secretary 
    determines to be appropriate.
        ``(7) Termination of program.--The issuance of coins under this 
    subsection shall terminate when one innovation, an individual 
    innovator, or a group of innovators, from each State, the District 
    of Columbia, and each territory has been honored and may not be 
    resumed except by an Act of Congress.''.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.
answer:
American Innovation $1 Coin Act (Sec. 2) This bill directs the Department of the Treasury, over a 14-year period beginning in 2019, to mint and issue "American Innovation" $1 coins commemorating innovation and innovators from each state, each U.S. territory, and the District of Columbia.  Such coins shall be issued in the order in which the states ratified the Constitution or were admitted into the Union. After all such coins are issued, coins shall be issued for the District of Columbia and the territories.  Treasury shall issue four coins per year until a coin has been issued for each jurisdiction.  Neither the bust of any person nor the portrait of any living person may be included in the design of the coins. The bill instructs Interior to continue to mint and issue $1 coins honoring Native Americans and their contributions. 


question:
SECTION 1. PHASE-OUT OF TAX SUBSIDIES FOR ALCOHOL FUELS PRODUCED FROM 
              FEEDSTOCKS ELIGIBLE TO RECEIVE FEDERAL AGRICULTURAL 
              SUBSIDIES.

    (a) Alcohol Fuels Credit.--Section 40 of the Internal Revenue Code 
of 1986 (relating to credit for alcohol used as a fuel) is amended by 
adding at the end the following new subsection:
    ``(g) Phase-Out of Credit for Alcohol Produced From Feedstocks 
Eligible To Receive Federal Agricultural Subsidies.--
            ``(1) In general.--No credit shall be allowed under this 
        section with respect to any alcohol, or fuel containing 
        alcohol, which is produced from any feedstock which is a 
        subsidized agricultural commodity.
            ``(2) Phase-in of disallowance.--In the case of taxable 
        years beginning in 1995 and 1996, paragraph (1) shall not apply 
        and the credit determined under this section with respect to 
        alcohol or fuels described in paragraph (1) shall be equal to 
        67 percent (33 percent in the case of taxable years beginning 
        in 1996) of the credit determined without regard to this 
        subsection.
            ``(3) Subsidized agricultural commodity.--For purposes of 
        this subsection, the term `subsidized agricultural commodity' 
        means any agricultural commodity which is supported, or is 
        eligible to be supported, by a price support or production 
        adjustment program carried out by the Secretary of 
        Agriculture.''.
    (b) Excise Tax Reduction.--
            (1) Petroleum products.--Section 4081(c) of the Internal 
        Revenue Code of 1986 (relating to taxable fuels mixed with 
        alcohol) is amended by redesignating paragraph (8) as paragraph 
        (9) and by adding after paragraph (7) the following new 
        paragraph:
            ``(8) Phase-out of subsidy for alcohol produced from 
        feedstocks eligible to receive federal agricultural 
        subsidies.--
                    ``(A) In general.--This subsection shall not apply 
                to any qualified alcohol mixture containing alcohol 
                which is produced from any feedstock which is a 
                subsidized agricultural commodity.
                    ``(B) Phase-in of disallowance.--In the case of 
                calendar years 1995 and 1996, the rate of tax under 
                subsection (a) with respect to any qualified alcohol 
                mixture described in subparagraph (A) shall be equal to 
                the sum of--
                            ``(i) the rate of tax determined under this 
                        subsection (without regard to this paragraph), 
                        plus
                            ``(ii) 33 percent (67 percent in the case 
                        of 1996) of the difference between the rate of 
                        tax under subsection (a) determined with and 
                        without regard to this subsection.
                    ``(C) Subsidized agricultural commodity.--For 
                purposes of this paragraph, the term `subsidized 
                agricultural commodity' means any agricultural 
                commodity which is supported, or is eligible to be 
                supported, by a price support or production adjustment 
                program carried out by the Secretary of Agriculture.''.
            (2) Special fuels.--Section 4041 of such Code (relating to 
        tax on special fuels) is amended by adding at the end the 
        following new subsection:
    ``(n) Phase-Out of Subsidy for Alcohol Produced From Feedstocks 
Eligible To Receive Federal Agricultural Subsidies.--
            ``(1) In general.--Subsections (b)(2), (k), and (m) shall 
        not apply to any alcohol fuel containing alcohol which is 
        produced from any feedstock which is a subsidized agricultural 
        commodity.
            ``(2) Phase-in of disallowance.--In the case of calendar 
        years 1995 and 1996, the rate of tax determined under 
        subsection (b)(2), (k), or (m) with respect to any alcohol fuel 
        described in paragraph (1) shall be equal to the sum of--
                    ``(A) the rate of tax determined under such 
                subsection (without regard to this subsection), plus
                    ``(B) 33 percent (67 percent in the case of 1996) 
                of the difference between the rate of tax under this 
                section determined with and without regard to 
                subsection (b)(2), (k), or (m), whichever is 
                applicable.
            ``(3) Subsidized agricultural commodity.--For purposes of 
        this subsection, the term `subsidized agricultural commodity' 
        means any agricultural commodity which is supported, or is 
        eligible to be supported, by a price support or production 
        adjustment program carried out by the Secretary of 
        Agriculture.''.
            (3) Aviation fuel.--Section 4091(c) of such Code (relating 
        to reduced rate of tax for aviation fuel in alcohol mixture) is 
        amended by redesignating paragraph (5) as paragraph (6) and by 
        inserting after paragraph (4) the following new paragraph:
            ``(5) Phase-out of subsidy for alcohol produced from 
        feedstocks eligible to receive federal agricultural 
        subsidies.--
                    ``(A) In general.--This subsection shall not apply 
                to any mixture of aviation fuel containing alcohol 
                which is produced from any feedstock which is a 
                subsidized agricultural commodity.
                    ``(B) Phase-in of disallowance.--In the case of 
                calendar years 1995 and 1996, the rate of tax under 
                subsection (a) with respect to any mixture of aviation 
                fuel described in subparagraph (A) shall be equal to 
                the sum of--
                            ``(i) the rate of tax determined under this 
                        subsection (without regard to this paragraph), 
                        plus
                            ``(ii) 33 percent (67 percent in the case 
                        of 1996) of the difference between the rate of 
                        tax under subsection (a) determined with and 
                        without regard to this subsection.
                    ``(C) Subsidized agricultural commodity.--For 
                purposes of this paragraph, the term `subsidized 
                agricultural commodity' means any agricultural 
                commodity which is supported, or is eligible to be 
                supported, by a price support or production adjustment 
                program carried out by the Secretary of Agriculture.''.
    (c) Effective Dates.--
            (1) Credit.--The amendment made by subsection (a) shall 
        apply to taxable years beginning after December 31, 1994.
            (2) Excise taxes.--
                    (A) In general.--The amendments made by subsection 
                (b) shall take effect on January 1, 1995.
                    (B) Floor stock tax.--
                            (i) In general.--In the case of any alcohol 
                        fuel in which tax was imposed under section 
                        4041, 4081, or 4091 of the Internal Revenue 
                        Code of 1986 before any tax-increase date, and 
                        which is held on such date by any person, then 
                        there is hereby imposed a floor stock tax on 
                        such fuel equal to the difference between the 
                        tax imposed under such section on such date and 
                        the tax so imposed.
                            (ii) Liability for tax and method of 
                        payment.--A person holding an alcohol fuel on 
                        any tax-increase date shall be liable for such 
                        tax, shall pay such tax no later than 90 days 
                        after such date, and shall pay such tax in such 
                        manner as the Secretary may prescribe.
                            (iii) Exceptions.--The tax imposed by 
                        clause (i) shall not apply--
                                    (I) to any fuel held in the tank of 
                                a motor vehicle or motorboat, or
                                    (II) to any fuel held by a person 
                                if, on the tax-increase date, the 
                                aggregate amount of fuel held by such 
                                person and any related persons does not 
                                exceed 2,000 gallons.
                            (iv) Tax-increase date.--For purposes of 
                        this subparagraph, the term ``tax-increase 
                        date'' means January 1, 1995, and January 1, 
                        1996.
                            (v) Other laws applicable.--All provisions 
                        of law, including penalties applicable with 
                        respect to the taxes imposed by sections 4041, 
                        4081, and 4091 of such Code shall, insofar as 
                        applicable and not inconsistent with the 
                        provisions of this subparagraph, apply with 
                        respect to the floor stock taxes imposed by 
                        clause (i).

SEC. 2. PORTION OF INCREASED REVENUES DEPOSITED INTO HARBOR MAINTENANCE 
              TRUST FUND.

    (a) Dredging Material Account.--Section 9505 of the Internal 
Revenue Code of 1986 (relating to Harbor Maintenance Trust Fund) is 
amended by adding at the end the following new subsection:
    ``(d) Dredging Material Account.--
            ``(1) Creation of account.--There is established in the 
        Harbor Maintenance Trust Fund a separate account to be known as 
        the `Dredging Material Account' consisting of such amounts as 
        may be appropriated or credited to the Dredging Material 
        Account as provided in this subsection or 9602(b).
            ``(2) Transfers to account.--There is hereby appropriated 
        to the Dredging Material Account amounts equivalent to 50 
        percent of the sum of--
                    ``(A) the aggregate increase in tax liabilities 
                under chapter 1 which is attributable to section 40(g), 
                and
                    ``(B) the aggregate increase in taxes received in 
                the Treasury which is attributable to sections 4041(n), 
                4081(c)(8), and 4091(c)(5).
            ``(3) Expenditures.--Amounts in the Dredging Material 
        Account shall be available, as provided in appropriation Acts, 
        for--
                    ``(A) research and development of dredged material 
                decontamination technologies, and
                    ``(B) research, development, and construction of 
                facilities for dredged material containment or disposal 
                (other than open water disposal).''
    (b) No Transfers To Other Trust Funds.--
            (1) Subsection (e) of section 9502 of such Code (relating 
        to special rules for transfers to Airport and Airway Trust 
        Fund) is amended by adding at the end the following new 
        paragraph:
            ``(3) Certain additional taxes to remain in general fund.--
        The amount required to be appropriated by subsection (b) shall 
        be determined without regard to any increase in taxes by reason 
        of sections 4041(n), 4081(c)(8), and 4091(c)(5).''
            (2) Paragraph (4) of section 9503(b) of such Code (relating 
        to certain additional taxes not transferred to Highway Trust 
        Fund) is amended by striking ``and'' at the end of subparagraph 
        (A), by striking the period at the end of subparagraph (B) and 
        inserting ``, and'', and by adding at the end the following new 
        subparagraph:
                    ``(C) there shall not be taken into account any 
                increase in taxes by reason of sections 4041(n) and 
                4081(c)(8).''
answer:

Amends the Internal Revenue Code to phase out the tax subsidies for alcohol fuels produced from feedstocks which are eligible to receive Federal agricultural subsidies. 
Amends the Internal Revenue Code to establish the Dredging Material Account in the Harbor Maintenance Trust Fund.  Transfers 50 percent of the amounts received from increased tax liabilities under this Act to such Account.