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H.R. 4489, National Forest Restoration and Remediation Act (CBO Report for Congress)

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Congress 117th
Date Requested Oct. 21, 2021
Requested By House Committee on Agriculture on
Date Sent Dec. 6, 2021
Description:
Current law authorizes the Forest Service to spend, without further appropriation, amounts collected from forfeitures, judgments, and settlements for improvement, protection, and rehabilitation of land managed by the agency. H.R. 4489 would direct the Department of the Treasury to credit to the Forest Service interest on unspent balances of those funds and would allow the agency to spend those credited amounts without further appropriation for the purposes listed above and for related assessment work. The bill also would require the Forest Service to report annually on its use of the credited interest.

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