Make amounts deposited into the Land and Water Conservation Fund (LWCF) available without further appropriation to the Department of the Interior and the Forest Service
Create a process for the President and the Congress to establish annual allocations from the fund
Require the President to report annually to the Congress on the status of obligations and outlays from the LWCF and on allocations by account, program, and project
Estimated budgetary effects would primarily stem from
Federal acquisition of land and funding for state grants to acquire land and water for outdoor recreation