DEEPWATER PORT ACT.

SEC. 2003. DEEPWATER PORT ACT. (a) Conforming Amendments.— The Deepwater Port Act of 1974 (33 U.S.C. 1502 et seq.) is amended— (1) in section 4(c)(1) by striking “section 18(1) of this Act;” and inserting “section 1016 of the Oil Pollution Act of 1990”; and (2) by striking section 18. (b) Amounts Remaining in Deepwater Port Fund.— Any amounts remaining in the Deepwater Port Liability Fund established under section 18(f) of the Deepwater Port Act of 1974 (33 U.S.C. 1517(f)) shall be deposited in the Oil Spill Liability Trust Fund established under section 9509 of the Internal Revenue Code of 1986 (26 U.S.C. 9509). The Oil Spill Liability Trust Fund shall assume all liability incurred by the Deepwater Port Liability Fund.