HR 4085 — Haskell Indian Nations University Improvement Act

(a) Establishment.— There is established in the Treasury of the United States a fund to be known as the “National Parks and Public Land Legacy Restoration Fund”. (b) Deposits.— (1) In general.— Except as provided in paragraph (2), for each of fiscal years 2021 through 2025, there shall be deposited in the Fund an amount equal to 50 percent of all energy development revenues due and payable to the United States from oil, gas, coal, or alternative or renewable energy development on Federal land and water credited, covered, or deposited as miscellaneous receipts under Federal law in the preceding fiscal year. (2) Maximum amount.— The amount deposited in the Fund under paragraph (1) shall not exceed $1,900,000,000 for any fiscal year. (3) Effect on other revenues.— Nothing in this section affects the disposition of revenues that— (A) are due to the United States, special funds, trust funds, or States from mineral and energy development on Federal land and water; or (B) have been otherwise appropriated— (i) under Federal law, including— (I) the Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note; Public Law 109–432); and (II) the Mineral Leasing Act (30 U.S.C. 181 et seq.); or (ii) from— (I) the Land and Water Conservation Fund established under chapter 2003; or (II) the Historic Preservation Fund established under chapter 3031. (c) Availability of Funds.— Amounts deposited in the Fund shall be available to the Secretary and the Secretary of Agriculture, as provided in subsection (e), without further appropriation or fiscal year limitation. (d) Investment of Amounts.— (1) In general.— The Secretary may request the Secretary of the Treasury to invest any portion of the Fund that is not, as determined by the Secretary, in consultation with the Secretary of Agriculture, required to meet the current needs of the Fund. (2) Requirement.— An investment requested under paragraph (1) shall be made by the Secretary of the Treasury in a public debt security— (A) with a maturity suitable to the needs of the Fund, as determined by the Secretary; and (B) bearing interest at a rate determined by the Secretary of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturity. (3) Credits to fund.— The income on investments of the Fund under this subsection shall be credited to, and form a part of, the Fund. (e) Use of Funds.— (1) In general.— Amounts deposited in the Fund for each fiscal year shall be used for priority deferred maintenance projects in the System, in the National Wildlife Refuge System, on public land administered by the Bureau of Land Management, for the Bureau of Indian Education schools, and in the National Forest System, as follows: (A) 70 percent of the amounts deposited in the Fund for each fiscal year shall be allocated to the Service. (B) 15 percent of the amounts deposited in the Fund for each fiscal year shall be allocated to the Forest Service. (C) 5 percent of the amounts deposited in the Fund for each fiscal year shall be allocated to the United States Fish and Wildlife Service. (D) 5 percent of the amounts deposited in the Fund for each fiscal year shall be allocated to the Bureau of Land Management. (E) 5 percent of the amounts deposited in the Fund for each fiscal year shall be allocated to the Bureau of Indian Education. (2) Limitations.— (A) Non-transportation projects.— Over the term of the Fund, within each covered agency, not less than 65 percent of amounts from the Fund shall be allocated for non-transportation projects. (B) Transportation projects.— The amounts remaining in the Fund after the allocations required under subparagraph (A) may be allocated for transportation projects of the covered agencies, including paved and unpaved roads, bridges, tunnels, and paved parking areas. (C) Plan.— Any priority deferred maintenance project funded under this section shall be consistent with an applicable transportation, de...