Water Resources Development Act of 2016

[AI summary unavailable — showing source text] Water Resources Development Act of 2016 This bill revises or authorizes various U.S. Army Corps of Engineers water resources development projects, feasibility studies, and relationships with nonfederal project sponsors. It sets forth a process to deauthorize projects with an aggregate estimated federal cost to complete of at least $5 billion. For harbor operation and maintenance, the bill requires: utilization of priority funding for emerging harbors, an increase in funding for commercial navigation costs beginning in FY2027, and expansion of eligibility for donor port funding. The bill reauthorizes estuary habitat restoration projects through FY2021. To assist states, the bill allows: water conservation measures for drought emergencies; assistance to regional districts for flood damage reduction projects; and combined funding for drainage basins, watersheds, or ecosystems in groups of states. For flood management, the bill: allows credits or reimbursements for discrete segments of a project before final completion, authorizes the Corps of Engineers to accept nonfederal funds to revise reservoir operations and storage allocations for flood-risk and navigation, and extends the perio…