LIMITED PROHIBITION ON OBLIGATION OF FUNDS FOR RESCINDED PROJECTS.

SEC. 404. LIMITED PROHIBITION ON OBLIGATION OF FUNDS FOR RESCINDED PROJECTS. (a) Prohibition.— Section 8135(b)(6)(B) is amended by adding at the end the following: “In the event the Secretary rescinds conditional approval of a project under this subparagraph, the Secretary may not further obligate funds for the project during the fiscal year in which the Secretary rescinds such approval.”. (b) Effective Date.— The amendment made by subsection (a) shall apply to rescissions of conditional approval of projects after the date of the enactment of this Act.