I 118THCONGRESS 2 DSESSION H. R. 7684 To reauthorize the Morris K. Udall and Stewart L. Udall Trust Fund, and for other purposes. IN THE HOUSE OF REPRESENTATIVES MARCH15, 2024 Mr. C ISCOMANI(for himself and Ms. STANSBURY) introduced the following bill; which was referred to the Committee on Education and the Work- force, and in addition to the Committee on Natural Resources, for a pe- riod to be subsequently determined by the Speaker, in each case for con- sideration of such provisions as fall within the jurisdiction of the com- mittee concerned A BILL To reauthorize the Morris K. Udall and Stewart L. Udall Trust Fund, and for other purposes. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Udall Foundation Re-4 authorization Act of 2024’’. 5 SEC. 2. INVESTMENT EARNINGS. 6 Section 8(b)(1) of the Morris K. Udall and Stewart 7 L. Udall Foundation Act (20 U.S.C. 5606(b)(1)) is 8 VerDate Sep 11 2014 20:34 Mar 15, 2024 Jkt 049200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H7684.IH H7684 ssavage on LAPJG3WLY3PROD with BILLS 2 •HR 7684 IH amended by adding at the end the following: ‘‘Beginning 1 on October 1, 2023, and thereafter, interest earned from 2 investments made with any new appropriations to the 3 Trust Fund shall only be available subject to appropria-4 tions and is authorized to be appropriated to carry out 5 the provisions of this Act.’’. 6 SEC. 3. REAUTHORIZATION OF THE UDALL FOUNDATION 7 TRUST FUND. 8 Section 13 of the Morris K. Udall and Stewart L. 9 Udall Foundation Act (20 U.S.C. 5609) is amended— 10 (1) in subsection (a), by striking ‘‘2023’’ and 11 inserting ‘‘2029’’; 12 (2) in subsection (b), in the matter preceding 13 paragraph (1), by striking ‘‘2023’’ and inserting 14 ‘‘2029’’; and 15 (3) in subsection (c), by striking ‘‘5-fiscal year 16 period’’ and all that follows through the period at 17 the end and inserting ‘‘5-fiscal year period beginning 18 with fiscal year 2025.’’. 19 SEC. 4. AUDIT OF THE FOUNDATION. 20 Not later than 4 years after the date of enactment 21 of this section, the Inspector General of the Department 22 of the Interior shall complete an audit of the Morris K. 23 Udall and Stewart L. Udall Foundation. 24 Æ VerDate Sep 11 2014 20:34 Mar 15, 2024 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H7684.IH H7684 ssavage on LAPJG3WLY3PROD with BILLS