summary
Introduced
07/16/2021
07/16/2021
In Committee
10/21/2021
10/21/2021
Crossed Over
12/09/2021
12/09/2021
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
AN ACT To amend the Act of June 20, 1958, to require that certain amounts collected by the United States with respect to lands under the administration of the Forest Service be invested into interest bearing obligations, and for other purposes.
AI Summary
This bill, the National Forest Restoration and Remediation Act, amends the Act of June 20, 1958 to require that certain funds collected by the United States with respect to lands under the administration of the Forest Service be invested into interest-bearing obligations. The bill specifies that any monies collected, including from forfeitures, judgments, compromises, or settlements, shall be invested by the Secretary of the Treasury, and any interest earned on these investments shall be appropriated and made available to cover the costs to the United States for assessments, improvements, protection, restoration, or rehabilitation of the lands. The bill also requires the Secretary to include the proposed use of these funds in the annual budget request to Congress.
Committee Categories
Agriculture and Natural Resources
Sponsors (5)
Last Action
Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (on 12/09/2021)
Official Document
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bill summary
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bill summary
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