Us Congress 2023-2024 Regular Session

Us Congress House Bill HB7684 Compare Versions

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11 I
22 118THCONGRESS
33 2
44 DSESSION H. R. 7684
55 To reauthorize the Morris K. Udall and Stewart L. Udall Trust Fund,
66 and for other purposes.
77 IN THE HOUSE OF REPRESENTATIVES
88 MARCH15, 2024
99 Mr. C
1010 ISCOMANI(for himself and Ms. STANSBURY) introduced the following
1111 bill; which was referred to the Committee on Education and the Work-
1212 force, and in addition to the Committee on Natural Resources, for a pe-
1313 riod to be subsequently determined by the Speaker, in each case for con-
1414 sideration of such provisions as fall within the jurisdiction of the com-
1515 mittee concerned
1616 A BILL
1717 To reauthorize the Morris K. Udall and Stewart L. Udall
1818 Trust Fund, and for other purposes.
1919 Be it enacted by the Senate and House of Representa-1
2020 tives of the United States of America in Congress assembled, 2
2121 SECTION 1. SHORT TITLE. 3
2222 This Act may be cited as the ‘‘Udall Foundation Re-4
2323 authorization Act of 2024’’. 5
2424 SEC. 2. INVESTMENT EARNINGS. 6
2525 Section 8(b)(1) of the Morris K. Udall and Stewart 7
2626 L. Udall Foundation Act (20 U.S.C. 5606(b)(1)) is 8
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2929 •HR 7684 IH
3030 amended by adding at the end the following: ‘‘Beginning 1
3131 on October 1, 2023, and thereafter, interest earned from 2
3232 investments made with any new appropriations to the 3
3333 Trust Fund shall only be available subject to appropria-4
3434 tions and is authorized to be appropriated to carry out 5
3535 the provisions of this Act.’’. 6
3636 SEC. 3. REAUTHORIZATION OF THE UDALL FOUNDATION 7
3737 TRUST FUND. 8
3838 Section 13 of the Morris K. Udall and Stewart L. 9
3939 Udall Foundation Act (20 U.S.C. 5609) is amended— 10
4040 (1) in subsection (a), by striking ‘‘2023’’ and 11
4141 inserting ‘‘2029’’; 12
4242 (2) in subsection (b), in the matter preceding 13
4343 paragraph (1), by striking ‘‘2023’’ and inserting 14
4444 ‘‘2029’’; and 15
4545 (3) in subsection (c), by striking ‘‘5-fiscal year 16
4646 period’’ and all that follows through the period at 17
4747 the end and inserting ‘‘5-fiscal year period beginning 18
4848 with fiscal year 2025.’’. 19
4949 SEC. 4. AUDIT OF THE FOUNDATION. 20
5050 Not later than 4 years after the date of enactment 21
5151 of this section, the Inspector General of the Department 22
5252 of the Interior shall complete an audit of the Morris K. 23
5353 Udall and Stewart L. Udall Foundation. 24
5454 Æ
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