16 U.S.C. § 669b : US Code - Section 669B: Authorization of appropriations

Search 16 U.S.C. § 669b : US Code - Section 669B: Authorization of appropriations

(a) In general
(1) An amount equal to all revenues accruing each fiscal year
(beginning with the fiscal year 1975) from any tax imposed on
specified articles by sections 4161(b) and 4181 of title 26, shall,
subject to the exemptions in section 4182 of such title, be covered
into the Federal aid to wildlife restoration fund in the Treasury
(hereinafter referred to as the "fund") and is authorized to be
appropriated and made available until expended to carry out the
purposes of this chapter. So much of such appropriations
apportioned to any State for any fiscal year as remains unexpended
at the close thereof is authorized to be made available for
expenditure in that State until the close of the succeeding fiscal
year. Any amount apportioned to any State under the provisions of
this chapter which is unexpended or unobligated at the end of the
period during which it is available for expenditure on any project
is authorized to be made available for expenditure by the Secretary
of the Interior in carrying out the provisions of the Migratory
Bird Conservation Act [16 U.S.C. 715 et seq.].
(2) There is established in the Federal aid to wildlife
restoration fund a subaccount to be known as the "Wildlife
Conservation and Restoration Account". There are authorized to be
appropriated for the purposes of the Wildlife Conservation and
Restoration Account $50,000,000 in fiscal year 2001 for
apportionment in accordance with this chapter to carry out State
wildlife conservation and restoration programs. Further, interest
on amounts transferred shall be treated in a manner consistent with
16 U.S.C. 669(b)(1)).(!1)
(b) Investment of unexpended amounts
(1) The Secretary of the Treasury shall invest in interest-
bearing obligations of the United States such portion of the fund
as is not, in his judgment, required for meeting a current year's
withdrawals. For purposes of such investment, the Secretary of the
Treasury may -
(A) acquire obligations at the issue price and purchase
outstanding obligations at the market price; and
(B) sell obligations held in the fund at the market price.
(2) The interest on obligations held in the fund -
(A) shall be credited to the fund;
(B) constitute the sums available for allocation by the
Secretary under section 4407 of this title;
(C) shall become available for apportionment under this chapter
at the beginning of fiscal year 2016.
(c) Wildlife Conservation and Restoration Account
(1) Amounts transferred to the Wildlife Conservation and
Restoration Account shall supplement, but not replace, existing
funds available to the States from the sport fish restoration
account and wildlife restoration account and shall be used for the
development, revision, and implementation of wildlife conservation
and restoration programs and should be used to address the unmet
needs for a diverse array of wildlife and associated habitats,
including species that are not hunted or fished, for wildlife
conservation, wildlife conservation education, and wildlife-
associated recreation projects. Such funds may be used for new
programs and projects as well as to enhance existing programs and
projects.
(2) Funds may be used by a State or an Indian tribe for the
planning and implementation of its wildlife conservation and
restoration program and wildlife conservation strategy, as provided
in sections 669c(d) and (e) (!2) of this title, including wildlife
conservation, wildlife conservation education, and wildlife-
associated recreation projects. Such funds may be used for new
programs and projects as well as to enhance existing programs and
projects.
(3) Priority for funding from the Wildlife Conservation and
Restoration Account shall be for those species with the greatest
conservation need as defined by the State wildlife conservation and
restoration program.
(d) Obligation of amounts in State
Notwithstanding subsections (a) and (b) of this section, with
respect to amounts transferred to the Wildlife Conservation and
Restoration Account, so much of such amounts apportioned to any
State for any fiscal year as remains unexpended at the close
thereof shall remain available for obligation in that State until
the close of the second succeeding fiscal year.