Budget Digest: Harbor Maintenance Trust Fund
October 28, 2019
October 28, 2019
WASHINGTON, Oct. 28 -- Rep. Steve Womack, R-Arkansas, ranking Republican member of the House Budget Committee, issued the following budget digest:
What Is the Harbor Maintenance Trust Fund? The Water Resources Development Act of 1986 established the Harbor Maintenance Trust Fund (HMTF) to serve as the funding mechanism for the nation's ports and harbors. Financed through the harbor maintenance tax (HMT), the HMTF covers the costs of dredging and other general maintenance for the por . . .
What Is the Harbor Maintenance Trust Fund? The Water Resources Development Act of 1986 established the Harbor Maintenance Trust Fund (HMTF) to serve as the funding mechanism for the nation's ports and harbors. Financed through the harbor maintenance tax (HMT), the HMTF covers the costs of dredging and other general maintenance for the por . . .