118 HR 2882 : Udall Foundation Reauthorization Act of 2023 U.S. House of Representatives 2024-02-06 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II118th CONGRESS2d SessionH. R. 2882IN THE SENATE OF THE UNITED STATESFebruary 6, 2024ReceivedAN ACTTo reauthorize the Morris K. Udall and Stewart L. Udall Trust Fund, and for other purposes.

1.

Short title

This Act may be cited as the Udall Foundation Reauthorization Act of 2023.

2.

Investment earnings

Section 8(b)(1) of the Morris K. Udall and Stewart L. Udall Foundation Act (20 U.S.C. 5606(b)(1)) is amended by adding at the end the following: Beginning on October 1, 2023, and thereafter, interest earned from investments made with any new appropriations to the Trust Fund shall only be available subject to appropriations and is authorized to be appropriated to carry out the provisions of this Act..

3.

Reauthorization of the udall foundation trust fund

Section 13 of the Morris K. Udall and Stewart L. Udall Foundation Act (20 U.S.C. 5609) is amended—(1)in subsection (a), by striking 2023 and inserting 2028;(2)in subsection (b), in the matter preceding paragraph (1), by striking 2023 and inserting 2028; and(3)in subsection (c), by striking 5-fiscal year period and all that follows through the period at the end and inserting 5-fiscal year period beginning with fiscal year 2024..

4.

Audit of the Foundation

Not later than 4 years after the date of enactment of this section, the Inspector General of the Department of the Interior shall complete an audit of the Morris K. Udall and Stewart L. Udall Foundation.

Passed the House of Representatives February 5, 2024.Kevin F. McCumber,Clerk.