Panama Canal Appropriations Authorization Act, Fiscal Year 1985

[AI summary unavailable — showing source text] Panama Canal Appropriations Authorization Act, Fiscal Year 1985 - Authorizes appropriations for the Panama Canal Commission for FY 1985 for: (1) operating expenses; (2) capital outlay; and (3) reimbursement of other agencies. Authorizes additional appropriations for the Commission for FY 1985 as may be necessary for specified purposes. Amends the Panama Canal Act of 1979 to terminate the Panama Canal Commission Fund on October 1, 1984. Requires that tolls for the use of the Panama Canal and all other receipts of the Commission shall, effective October 1, 1984, be credited to the miscellaneous receipts of the Treasury. Requires that: (1) any deficit incurred by the Commission shall be subtracted from the Commission's receipts for the second fiscal year beginning after the fiscal year in which the deficit is incurred; and (2) appropriations to or for the use of the Commission shall be limited to the remaining amount for the second fiscal year beginning after the fiscal year in which the deficit is incurred.…