; and (B) the Committee, with respect to any research activity or program relating to oil spill prevention proposed in such an application. (e) Funding (1) In general Of the amount of interest produced by investments in the Fund— (A) $10,000,000, as indexed for United States dollar inflation from the date of enactment of this section (as measured by the Consumer Price Index), shall be available biennially, without further appropriation, to carry out the grant program established by subsection (b)(1); and (B) $25,000,000, as indexed for United States dollar inflation from the date of enactment of this section (as measured by the Consumer Price Index), shall be available annually, without further appropriation, to carry out the grant program established by subsection (b)(2). (2) Administrative expenses Of the amounts made available under subparagraphs (A) and (B) of paragraph (1) that are not otherwise appropriated, the Secretary may use not more than 2 percent for the administrative expenses of the Secretary in carrying out the grant programs established by paragraphs (1) and (2), respectively, of subsection (b) for each fiscal year. . (2) Clerical amendment The table of contents of the Oil Pollution Act of 1990 (33 U.S.C. prec. 2701) is amended by inserting after the item relating to section 4118 the following: Sec. 4119. Oil spill response and prevention grant programs. . (3) Expenditure authority Section 9509(c)(1) of the Internal Revenue Code of 1986 is amended— (A) in the matter preceding subparagraph (A), by striking section 6002(b) and inserting section 4119 or 6002(b) ; (B) in subparagraph (E), by striking and at the end; (C) in subparagraph (F), by striking the period at the end and inserting , and