A bill to provide for the recovery of capital and operation and maintenance costs assignable to commercial water transportation for certain United States Army Corps of Engineers inland waterway projects, and to authorize construction in specified circumstances.

[AI summary unavailable — showing source text] Directs the Secretary of the Army, in consultation with the Secretary of Transportation, to prescribe a system of user fees to be levied on commercial transportation on the inland waterway system pursuant to this Act. Sets forth criteria by which such fees shall be established. Authorizes the Secretary of the Army to utilize various mechanism as means to recover Federal costs from system users. Specifies that such fees shall recover 100 percent of Federal operation and maintenance expenditures and an amount necessary to amortize capital expenditures for rehabilitation or replacement of existing structures completed after October 1, 1981. Directs that such fees shall be credited to the Inland Waterways Trust Fund. Sets forth civil penalties for failure to pay user fees. Lists, by project, the percentage of Federal expenditures for operation, maintenance, construction, and rehabilitation of inland waterway projects to be assigned to commercial waterway transportation. Directs that costs assigned to commercial waterway transportation for the Mississipp River and tributaries project shall be 25 percent of total project costs. Amends the Internal Revenue Code to increase the excise tax …