Page:United States Statutes at Large Volume 100 Part 2.djvu/671

 PUBLIC LAW 99-499—OCT. 17, 1986

100 STAT. 1773

"(C) the transfer is from a facility identified as the McColl Site in Fullerton, California.

California.

"(d) AUTHORITY TO BORROW.—

"(1) IN GENERAL.—There are authorized to be appropriated to the Superfund, as repayable advances, such sums as may be necessary to carry out the purposes of the Superfund. j.j "(2) LIMITATION ON AGGREGATE ADVANCES.—The maximum aggregate amount of repayable advances to the Superfund which is outstanding at any one time shall not exceed an %, amount equal to the amount which the Secretary estimates will be equal to the sum of the amounts appropriated to the gi Superfund under subsection (b)(1) during the following 24 fg months.

Appropriation authorization.

"(3) REPAYMENT OF ADVANCES.—

,;... jj,g

••'' ' <•'., f >>

i^. '

"(A) IN GENERAL.—Advances made to the Superfund shall be repaid, and interest on such advances shall be paid, to the general fund of the Treasury when the Secretary determines that moneys are available for such purposes in the Superfund. "(B) FINAL REPAYMENT.—No advance shall be made to the Superfund after December 31, 1991, and all advances to such Fund shall be repaid on or before such date. "(C) RATE OF INTEREST.—Interest on advances made to the Superfund shall be at a rate determined by the Secretary of the Treasury (as of the close of the calendar month preceding the month in which the advance is made) to be equal to the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the anticipated period during which the advance will be outstanding and shall be compounded annually.

"(e) LIABILITY OF UNITED STATES LIMITED TO AMOUNT IN TRUST FUND.— "(1) GENERAL RULE.—Any claim filed against the Superfund

J '

may be paid only out of the Superfund. "(2)

COORDINATION

WITH

OTHER

PROVISIONS.—Nothing

Claims.

in

CERCLA or the Superfund Amendments and Reauthorization 42 USC 9601 ':\, Act of 1986 (or in any amendment made by either of such Acts) note. shall authorize the payment by the United States Government of any amount with respect to any such claim out of any source other than the Superfund. "(3) ORDER IN WHICH UNPAID CLAIMS ARE TO BE PAID.—If at any

'

time the Superfund has insufficient funds to pay all of the claims payable out of the Superfund at such time, such claims £ shall, to the extent permitted under paragraph (1), be paid in 1 full in the order in which they were finally determined." (b) AUTHORIZATION OF APPROPRIATIONS.—There is authorized to be 26 USC 9507 appropriated, out of any money in the Treasury not otherwise note. appropriated, to the Hazardous Substance Superfund for fiscal year— (1) 1987, $250,000,000, >. (2) 1988, $250,000,000, • (3) 1989, $250,000,000, (4) 1990, $250,000,000, and (5) 1991, $250,000,000, plus for each fiscal year an amount equal to so much of the aggregate amount authorized to be appropriated under this subsec-

�