COST-SHARING FOR STATE COASTAL WETLANDS GRANTS.

SEC. 302. COST-SHARING FOR STATE COASTAL WETLANDS GRANTS. (a) Federal Share.—Section 305(d)(l) of the Coastal Wetlands Planning, Protection and Restoration Act (16 U.S.C. 3954(d)(l)) is amended by striking “has established a trust fund, from which the principal is not spent, for the purpose of acquiring coastal wetlands, other natural area or open spaces.” and inserting in lieu thereof: “has established and is using one of the following for the purpose of acquiring coastal wetlands, other natural areas or open spaces: “(A) a trust fund from which the principal is not spent; or 105 STAT. 1661 “(B) a fund derived from a dedicated recurring source of monies including, but not limited to, real estate transfer fees or taxes, cigarette taxes, tax check-offs, or motor vehicle license plate fees.”. (b) Effective Date.—This section shall apply to grants awarded in fiscal year 1992 and each fiscal year thereafter.