§1962–2. Congressional statement of objectives — Inbound Citations

Citations to 42 U.S.C. § 1962–2 as a whole

• 33 U.S.C. § 2269(b)(5)

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  (5) Notwithstanding any requirement for economic justification established under section 1962–2 of title 42, the Secretary may implement a project (other than a project for ecosystem restoration) under this section if the Secretary determines that the project will—

  (A) significantly reduce potential flood or hurricane and storm damage hazards (which may be limited to hazards that may be addressed by measures for erosion mitigation or bank stabilization);

  (B) improve the quality of the environment;

  (C) reduce risks to life safety associated with the hazards described in subparagraph (A); and

  (D) improve the long-term viability of the community.
• 33 U.S.C. § 2282h(h)(2)

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  (2) The term “economic”, as used in reference to models, means relating to the evaluation of benefits and cost attributable to a project for an economic justification under section 1962–2 of title 42.
• 33 U.S.C. § 2332(d)

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  (d) Notwithstanding any requirement for economic justification established under section 1962–2 of title 42, the Secretary may implement a project under this section if the Secretary determines that the project—

  (1) will significantly reduce potential flood, hurricane and storm, or erosion damages;

  (2) will improve the quality of the environment; and

  (3) is justified considering all costs and beneficial outputs of the project.
• 42 U.S.C. § 1962d–17(c)

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  (c) The President shall make a full and complete investigation and study of principles and standards for planning and evaluating water and related resources projects. Such investigation and study shall include, but not be limited to, consideration of enhancing regional economic development, the quality of the total environment including its protection and improvement, the well-being of the people of the United States, and the national economic development, as objectives to be included in federally-financed water and related resources projects and in the evaluation of costs and benefits attributable to such projects, as intended in section 1962–2 of this title, the interest rate formula to be used in evaluating and discounting future benefits for such projects, and appropriate Federal and non-Federal cost sharing for such projects. He shall report the results of such investigation and study, together with his recommendations, to Congress not later than one year after funds are first appropriated to carry out this subsection.