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Senators Reach Deal for First Votes on Water Bill May 9, 2013 - CQ News Currently, only about $900 million of the $1.6 billion collected annually through user fees on shippers is spent on dredging and other harbor projects. The bill originally would have dedicated the entire fund to port projects, but appropriators objected that language would necessitate deep cuts to other programs, including Energy Department research. Beginning in fiscal 2020, the funding floor would be established at a level of receipts plus interest received for the fiscal year.
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