UNECONOMICAL COST-SHARING REQUIREMENTS.

SEC. 220. UNECONOMICAL COST-SHARING REQUIREMENTS.Section 221(a) of the Flood Control Act of 1970 (42 U.S.C. 1962d–5b(a)) is amended by striking the period at the end of the 1st sentence and inserting the following: “; except that no such agreement shall be required if the Secretary determines that the administrative costs associated with negotiating, executing, or administering the agreement would exceed the amount of the contribution required from the non-Federal interest and are less than $25,000”.