Sec. 607. Disposition of proceeds
380 words·~2 min read·
/bill/116/hr/6228/ih/section-607·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The proceeds from the sale of land under sections 602, 603, 604, and 605 of this title, and section 2601(e)(1)(B) of Public Law 111–11 (123 Stat. 1111(e)(1)(B)) shall be deposited in a special account in the Treasury of the United States, to be known as the Carson City Special Account , which shall be available to the Secretary in collaboration with and if approved in writing by the Carson City Federal Land Collaboration Committee, for— the reimbursement of costs incurred by the Secretary in preparing for the sale of the land described in sections 602, 604, and 605 of this title, and section 2601(e)(1)(B) of Public Law 111–11 (123 Stat. 1111(e)(1)(B)), including— the costs of surveys and appraisals; and the costs of compliance with the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq.) and sections 202 and 203 of the Federal Land Policy and Management Act of 1976 ( 43 U.S.C. 1712 , 1713); the reimbursement of costs incurred as described in paragraphs
(3)through
(8)by the City for lands under sections 602, 603, 604, and 605, and section 2601(d) of Public Law 111–11 (123 Stat. 1111(d)); the conduct of wildlife habitat conservation and restoration projects, including projects that benefit the greater sage-grouse in the City; the development and implementation of comprehensive, cost-effective, multijurisdictional hazardous fuels reduction and wildfire prevention and restoration projects in the City; the acquisition of environmentally sensitive land or interest in environmentally sensitive land in Carson City, Nevada; wilderness protection and processing wilderness designation, including the costs of appropriate fencing, signage, public education, and enforcement for the wilderness areas designated through this title; capital improvements administered by the Bureau of Land Management and the Forest Service in the City; and educational purposes specific to the City. Amounts deposited into the Carson City Special Account— shall earn interest in an amount determined by the Secretary of the Treasury, based on the current average market yield on outstanding marketable obligations of the United States of comparable maturities; and may be expended by the Secretary in accordance with this section. The management and procedures thereof of the Carson City Special Account shall be determined by an intergovernmental agreement between the City and the Department of the Interior’s Bureau of Land Management, Carson City office.
Connectionstraces to 2
Traces to 2 documents
2 references not yet in our index
- Pub. L. 111-11
- 123 Stat. 1111
Citation graph
cites case law
Cites 4Cited by 0 across 0 sources