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S 2199 100th Congress Senate Public Lands and Natural Resources Conservation of natural resources Economics and Public Finance Environmental Protection Government trust funds Historic sites Investment of public funds Parks Recreation and Recreational Facilities Recreation areas Water and Water Resources Development Water supply

American Heritage Trust Act of 1988

Introduced: March 18, 1988 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 1988
Committee on Energy and Natural Resources requested executive comment from Agriculture Department, Interior Department, OMB.
Mar 21, 1988
Referred to Subcommittee on Public Lands, National Parks.
Mar 18, 1988
Read twice and referred to the Committee on Energy and Natural Resources.
Mar 18, 1988
Introduced in Senate
 Plain-English summary Congressional Research Service

American Heritage Trust Act of 1988 - Title I: American Heritage Trust - Establishes the American Heritage Trust, comprised of the Land and Water Conservation Fund and the Historic Preservation Fund, to provide funding for the preservation of America's natural, historical, cultural, and outdoor recreational areas.

Title II: Land and Water Conservation Fund - Amends the Land and Water Conservation Fund Act to require the Secretary of the Treasury to invest a portion of the Land and Water Conservation Fund in public debt securities. Requires that the interest from such investments be used to provide for the preservation of the Nation's recreational areas.

Sets forth a formula for the allocation of such interest income to the Federal Government and the States. Sets forth specified requirements with respect to the apportionment of such income to local and State governments. Repeals a specified section concerning publicity and signing provisions.

Title III: Historic Preservation Fund - Amends the National Historic Preservation Act to extend the Historic Preservation Fund through 2015. Requires the Secretary of the Treasury to invest a portion of such Fund in public debt securities.

Requires that the interest from such investments be used for the preservation of historic sites.

Title IV: Miscellaneous Provisions - Requires the owner of any site that benefits from moneys derived from the American Heritage Trust to install a sign indicating that fact.

What's happening now July 14, 1988

Committee on Energy and Natural Resources requested executive comment from Agriculture Department, Interior Department, OMB.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Republican 1