Us Congress 2023 2023-2024 Regular Session

Us Congress House Bill HB7684 Introduced / Bill

Filed 03/15/2024

                    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
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•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 
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