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16 U.S.C. § 429b–4Funds from Land and Water Conservation Fund

submitted 72 years ago by Pub. L. 96-442 to r/title-16-CONSERVATION · 129 words · no verdicts yet

in plain englishAI-generated · not legal advice

Up to $8.7 million from a federal conservation fund can buy land for the park. Congress wanted most of that land bought within two years of October 1980.

(a) Maximum amount usable for acquisition of property This subsection sets a spending cap. On top of any money already spent buying property for the park, no more than $8,700,000 total from the Land and Water Conservation Fund (set up under the Land and Water Conservation Fund Act of 1965) may be spent to acquire property and property interests under sections 429b through 429b–5. (b) Completion of acquisition in two years Congress's clear intent is that the Secretary finish acquiring property under sections 429b through 429b–5 within two full fiscal years after October 13, 1980. The one exception is property covered by section 429b–1(b) — the properties homeowners have a right to keep living in — which don't have to be acquired on this two-year schedule.
the actual law source: uscode.house.gov ↗public domain
(a) Maximum amount usable for acquisition of property

In addition to sums heretofore expended for the acquisition of property and interests therein for the park, from funds available for expenditure from the Land and Water Conservation Fund, as established under the Land and Water Conservation Fund Act of 1965,1 not more than a total of $8,700,000 may be expended for the acquisition of property and interests therein under sections 429b to 429b–5 of this title.

(b) Completion of acquisition in two years

It is the express intent of Congress that, except for property referred to in section 429b–1(b) of this title, the Secretary shall acquire property and interests therein under sections 429b to 429b–5 of this title within two complete fiscal years after October 13, 1980.

Source credit: (Apr. 17, 1954, ch. 153, § 5, as added Pub. L. 96–442, § 2, Oct. 13, 1980, 94 Stat. 1886.)

history & why it existsrecord from the source credit
  • 1954Enacted · Pub. L. 96-442 · 94 Stat. 1886

A history note hasn’t been published yet. The record shows enactment by Pub. L. 96-442 on 1954-04-17.

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