A bill to permanently reauthorize the Land and Water Conservation Fund (LWCF) just took a step forward. Chairman of the House Committee on Natural Resources, Rob Bishop (R-UT) and ranking member Raul Grijalva (D-AZ) came to terms on an amendment to H.R. 502.
In essence, the bill would permanently reauthorize LWCF. It would also require that 40 percent of all funds be allocated to federal purposes and 40 percent allocated to state programs. Currently, most of the $900 million in revenue, royalties paid by energy companies drilling for oil and gas on the Outer Continental Shelf, is diverted to other federal programs.
To become law, the bill would have to be passed by the House, the Senate and signed by the president.