; separate fund (I) In general Subject to subclause (II), the Council may accept, hold, administer, and utilize for the purpose of aiding or facilitating the work and operations of the Council— (aa) gifts, donations, and bequests from any individual or entity; and (bb) transfers from Federal and State agencies of funds, goods, services, and personal and real property. (II) Treatment Any funds accepted by the Council or transferred to the Council under this clause shall— (aa) remain available until expended; (bb) be deposited in the Treasury in a separate fund; and (cc) be disbursed upon order by the Council. . (b) Borrowing authority Section 1602 of the Resources and Ecosystems Sustainability, Tourist Opportunities, and Revived Economies of the Gulf Coast States Act of 2012 ( 33 U.S.C. 1321 note) is amended by adding at the end the following: (g) Borrowing authority (1) In general To aid and facilitate the purposes of this subtitle and the amendments made by this subtitle, and subject to the terms and conditions of this subsection, the Secretary of the Treasury (referred to in this subsection as the Secretary ) and the Gulf Coast Ecosystem Restoration Council (referred to in this subsection as the Council ) may each— (A) borrow money from any source; and (B) issue and sell notes, bonds, obligations, and other instruments of indebtedness. (2) Terms and conditions Each instrument of indebtedness issued under this subsection shall have a term, bear an interest rate, and contain other terms and conditions as may determined by the party issuing the instrument. (3) Limitations on amounts The aggregate of the principal of funds borrowed under this subsection and interest payable thereon may not exceed— (A) as to the Secretary, 35 percent of the aggregate amounts paid or payable into the Trust Fund from any source over the duration of the Trust Fund