H.R. 4489: National Forest Restoration and Remediation Act

CBO Score

$10 million

Date of Report

Mon December 6th, 2021

CBO Report Details

Legislation Details

117th Congress

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.

Sponsor: Rep. Kim Schrier — D — WA

Directs the Department of the Treasury to credit to the Forest Service interest on unspent balances of funds collected from forfeitures, judgments, and settlements for improvement, protection, and rehabilitation of land managed by the agency and allows the agency to spend those credited amounts without further appropriation. The bill also requires the Forest Service to report annually on its use of the credited interest.

View the full vote history of this bill on GovTrack.us.

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