PUBLIC LAW 97-424—JAN. 6, 1983
96 STAT. 2189
"(B) TRANSFERS BASED ON ESTIMATES.—Transfers under subparagraph (A) shall be made on the basis of estimates by the Secretary, and proper adjustments shall be made in amounts subsequently transferred to the extent prior estimates were in excess or less than the amounts required to be transferred. "(C) EXCEPTION FOR USE IN AIRCRAFT AND MOTORBOATS.—
This paragraph shall not apply to amounts estimated by the Secretary as attributable to use of gasoline and special fuels in motorboats or in aircraft. "(3) 1988 FLOOR STOCKS REFUNDS.—The Secretary shall pay from time to time from the Highway Trust Fund into the general fund of the Treasury amounts equivalent to the floor stocks refunds made before July 1, 1989, under section 6412(a). "(4) TRANSFERS FROM THE TRUST FUND FOR MOTORBOAT FUEL TAXES.— "(A) TRANSFER TO NATIONAL RECREATIONAL BOATING SAFETY AND FACILITIES IMPROVEMENT FUND.—
"(i) IN GENERAL.—The Secretary shall pay from time to time from the Highway Trust Fund into the National Recreational Boating Safety and Facilities Improvement Fund established by section 202 of the Recreational Boating Fund Act amounts (as deter- 46 USC 1479a. mined by him) equivalent to the motorboat fuel taxes received on or after October 1, 1980, and before October 1, 1988. "(ii) LIMITATIONS.— "(I) LIMIT ON TRANSFERS DURING ANY FISCAL
YEAR.—The aggregate amount transferred under this subparagraph during any fiscal year shall not exceed $45,000,000. "(II)
LIMIT ON AMOUNT IN FUND.—No amount
shall be transferred under this subparagraph if the Secretary determines that such transfer would result in increasing the amount in the National Recreational Boating Safety and Facilities Improvement Fund to a sum in excess of $45,000,000. "(B) EXCESS FUNDS TRANSFERRED TO LAND AND WATER CONSERVATION FUND.—Any amount received in the High-
way Trust Fund which is attributable to motorboat fuel taxes and which is not transferred from the Highway Trust Fund under subparagraph (A) shall be transferred by the Secretary from the Highway Trust Fund into the land and water conservation fund provided for in title I of the Land and Water Conservation Fund Act of 1965. 16 USC 460Z-4 "(C) MOTORBOAT FUEL TAXES.—For purposes of this para- ^ ^ ^°*®graph, the term 'motorboat fuel taxes' means the taxes under section 4041(a)(2) with respect to special motor fuels Ante, p. 2169. used as fuel in motorboats and under section 4081 with respect to gasoline used as fuel in motorboats. '(d) ADJUSTMENTS OF APPORTIONMENTS.— "(1) ESTIMATES OP UNFUNDED HIGHWAY AUTHORIZATIONS AND NET HIGHWAY RECEIPTS.—The Secretary of the Treasury, not less
frequently than once in each calendar quarter, after consultation with the Secretary of Transportation, shall estimate—
�
