Sec. 16106. Reports
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Beginning at the end the first full fiscal year after the date of enactment of this division, and not later than 60 days after the end of each fiscal year in which amounts are deposited into the Fund, the Foundation shall submit to the Secretary a report on the operation of the Fund including— an accounting of expenditures made under the Fund, including leverage and match where applicable; an accounting of any grants made under the Fund, including a list of recipients and a brief description of each project and its purposes and goals; and measures and metrics to track benefits created by grants administered under the Fund, including enhanced biodiversity, water quality, natural carbon sequestration, and resilience.
Not later than 90 days after the end of the fifth full fiscal year after the date of enactment of this division, and not later than 90 days after the end every fifth fiscal year thereafter, the Foundation shall submit to the Secretary a report containing— a description of any socioeconomic, biodiversity, community resilience, or climate resilience or mitigation (including natural carbon sequestration), impacts generated by projects funded by grants awarded by the Fund, including measures and metrics illustrating these impacts; a description of land health benefits derived from projects funded by grants awarded by the Fund, including an accounting of— lands treated for invasive species; lands treated for wildfire threat reduction, including those treated with controlled burning or other natural fire-management techniques; and lands restored either from wildfire or other forms or degradation, including over-grazing and sedimentation; key findings for Congress, including any recommended changes to the authorization or purposes of the Fund; best practices for other Federal agencies in the administration of funds intended for land and habitat restoration; information on the use and outcome of funds specifically set aside for planning and capacity building pursuant to section 6; and any other information that the Foundation considers relevant.
Not later than 10 days after receiving a report under this section, the Secretary shall submit the report to the Committee on Natural Resources of the House of Representatives and the Committee on Environment and Public Works of the Senate.