Page:United States Statutes at Large Volume 92 Part 2.djvu/419

 PUBLIC LAW 95-502—OCT. 21, 1978 (6) The use of revenues derived from inland waterway user taxes and charges, including consideration of changes in, or alternatives to, the T r u s t F u n d mechanism. (c)

CONSIDERATIONS RELATING TO ECONOMIC E F F E C T S. — The eco-

nomic eflfects of waterway user taxes and charges on— (1) C A R R I E R S AND USERS.—On—

(A) carriers and shippers using the inland waterways, and (B) users (including ultimate consumers) of commodities which are transported on the inland waterways. (2) REGIONS, E T C. — O n —

(A) existing investment in industrial plants, agricultural interests, and commercial enterprises, and on related employment, in regions of the country served by inland water transportation directly or in combination with other modes, and (B) future economic growth prospects in such regions, including anticipated shifts of industry and employment to other areas together with an evaluation of effects on regional economies and their development, including consistency with Federal policies as set forth in other legislation. (3) S M A L L BUSINESS AND INDUSTRIAL CONCENTRATION AND COMPETITION.—On—

(A) small business enterprise, and (B) industrial concentration and competition, both within the transportation industry and in any line of commerce (within the meaning of the antitrust laws). (4) COMPETITORS.—On the freight rates charged by other modes of transportation and the extent of short-term and long-term diversion of traffic from the inland waterways to such other modes. I n considering such diversion of traffic, there shall also be considered the effects of such diversion on— (A) the development of alternative sources of supply and on alternative modes of transportation and alternative routing to market, (B) the comparative safety of the handling and transportation of hazardous materials, and (C) the comparative energy efficiency of the modes and routes of the transportation involved. (5) PRICES.—On prices of commodities shipped by inland waterways and by competing modes, including the costs of energy materials and the effects on electric power rates. (6) BALANCE OF PAYMENTS.—On the balance of payments of the

United States based on our international trade. (d) CONSIDERATIONS RELATING TO ECONOMIC FEASIBILITY OF W A T E R WAY IMPROVEMENT P R O J E C T S; LEVEL OF B E N E F I T S FROM WATERWAY EXPENDITURES.—

(1) The effects of inland waterway user taxes and charges on the economic feasibility of inland waterway improvement projects. (2) The comparative levels of benefits received from Federal expenditures on inland waterways for— (A) commercial uses, and (B) other uses, including (but not limited to) recreation, reclamation, water supply, low-flow augmentation, fish and wildlife enhancement, hydroelectric power, flood control, and irrigation uses.

92 STAT. 1699

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