PUBLIC LAW 101-508 —NOV. 5, 1990 104 STAT. 1388-309 "(2) Loan repayments made pursuant to this subsection shall be retained by the Secretary as offsetting collections, and shall be deposited into the Coastal Zone Management Fund established under subsection (b). "(b)(l) The Secretary shall establish and maintain a fund, to be known as the 'Coastal Zone Management Fund' (hereinafter in this section referred to as the 'Fund'), which shall consist of amounts retained and deposited into the Fund under subsection (a). "(2) Subject to amounts provided in appropriation Acts, amounts in the Fund shall be available to the Secretary for use for the following: "(A) Expenses incident to the administration of this title, in an amount not to exceed— " (i) $5,000,000 for fiscal year 1991; " (ii) $5,225,000 for fiscal year 1992; " (iii) $5,460,125 for fiscal year 1993; "(iv) $5,705,830 for fiscal year 1994; and " (v) $5,962,593 for fiscal year 1995. "(B) After use under subparagraph (A)— "(i) projects to address management issues which are regional in scope, including interstate projects; "(ii) demonstration projects which have high potential for improving coastal zone management, especially at the local level; "(iii) emergency grants to State coastal zone management agencies to address unforeseen or disaster-related circumstances; "(iv) appropriate awards recognizing excellence in coastal zone management as provided in section 314; "(v) program development grants as authorized by section 305; and "(vi) to provide financial support to coastal States for use for investigating and applying the public trust doctrine to implement State maneigement programs approved under section 306. "(3) On December 1 of each year, the Secretary shall transmit to the Congress an annual report on the Fund, including the balance of the Fund and an itemization of all deposits into and disbursements from the Fund in the preceding fiscal year.". SEC. 6210. COASTAL ZONE ENHANCEMENT GRANTS. Section 309 of the Coastal Zone Management Act of 1972 (16 U.S.C. 1452b) is amended to read as follows: "COASTAL ZONE ENHANCEMENT GRANTS "SEC. 309. (a) For purposes of this section, the term 'coastal zone 16 USC 1456b. enhancement objective' means any of the following objectives: "(1) Protection, restoration, or enhancement of the existing coastal wetlands base, or creation of new coeistal wetlands. "(2) Preventing or significantly reducing threats to life and destruction of property by eliminating development and redevelopment in high-hazard areas, managing development in other hazard areas, and anticipating and managing the effects of potential sea level rise and Great Lakes level rise. "(3) Attaining increased opportunities for public access, taking into account current and future public access needs, to
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