(a) Study and report
(1) The Commission shall conduct a study of—
costs and liabilities incurred or administered by the Commission that will not be paid before the date of that dissolution.
The Commission shall submit to the Congress, by not later than September 30, 1996, a report on the findings and conclusions of the study under this subsection. The report shall include an estimate of the period of time which may be required to close out the affairs of the Commission after the termination of the Panama Canal Treaty of 1977.
(b) Termination office
(c) Panama Canal Commission Dissolution Fund
There is established in the Treasury of the United States a fund to be known as the “Panama Canal Commission Dissolution Fund” (hereinafter in this section referred to as the “Fund”). The Fund shall be managed by the Commission until the termination of the Panama Canal Treaty of 1977 and by the office established under subsection (b) thereafter.
(A) Subject to paragraph (5), the Fund shall be available after September 30, 1998, to pay—
the costs of operating the office established under subsection (b); and
the costs and liabilities associated with dissolution of the Commission, including such costs incurred or identified after the termination of the Panama Canal Treaty of 1977.
(3) The Fund shall consist of—
amounts credited to the Fund under paragraph (4).
Interest earned on securities invested under subparagraph (A) shall be credited to and form part of the Fund.
Amounts in the Fund may not be obligated or expended in any fiscal year unless the obligation or expenditure is specifically authorized by law.