Disposition of proceeds
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(a) Disposition of proceeds In addition to the amounts deposited in the Account under section 2601(e)(1)(B) of the Omnibus Public Land Management Act of 2009 (Public Law 111–11; 123 Stat. 1113), the proceeds from the sales of Federal land under sections 3 through 6 shall be deposited in the Account. (b) Availability The amounts deposited in the Account shall be available to the Secretary, without further appropriation and without fiscal year limitation, for— (1) the reimbursement of costs incurred by the Secretary in preparing for the sales described in sections 3 through 6 and section 2601(e)(1)(B) of the Omnibus Public Land Management Act of 2009 (Public Law 111–11; 123 Stat. 1113), including— (A) the costs of surveys and appraisals; and (B) the costs of compliance with— (i) the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.); and (ii) sections 202 and 203 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712, 1713); (2) the reimbursement of costs incurred by the City in preparing for the sale of the Federal land described in section 3 and section 2601(d) of the Omnibus Public Land Management Act of 2009 (Public Law 111–11; 123 Stat. 1112); (3) the conduct of wildlife habitat conservation and restoration projects, including projects that benefit the greater sage-grouse in the City; (4) the development and implementation of comprehensive, cost-effective, multijurisdictional hazardous fuels reduction and wildfire prevention and restoration projects in the City; (5) the acquisition of environmentally sensitive land or interest in environmentally sensitive land in the City; (6) wilderness protection and processing wilderness designations, including the costs of appropriate fencing, signage, public education, and enforcement for wilderness areas; (7) capital improvements administered by the Bureau of Land Management and the Forest Service in the City; and (8) educational purposes of the City. (c) Investment of account Amounts deposited in the Account— (1) 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 (2) may be expended by the Secretary, in accordance with this section. (d) Management of Account The management and procedures of the Account shall be determined by an intergovernmental agreement between the City and the Bureau of Land Management.
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