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BGOV Bill Summary: H.R. 4489, Forest Land Remediation

Dec. 3, 2021, 8:28 PM

The U.S. Forest Service would be allowed by H.R. 4489 to use interest earned on amounts in settlement funds for remediation and rehabilitation on federal forest lands.

The bill would require the Treasury to invest settlement funds in interest-bearing instruments and would appropriate any interest earned to the Forest Service for those activities. Under current law, the settlement payments related to forest lands are available to the Forest Service without further appropriation for improvement, protection, or rehabilitation, which the bill also would expand to include assessment and restoration work.

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