Land and Water Conservation Fund: Current Funding
Description:
The Land and Water Conservation Fund (LWCF) was established in 1964. (l) The LWCF is a "trust fund" to accumulate revenues from Federal outdoor recreation user fees, the Federal motorboat fuel tax, surplus property sales, and oil and gas leases on the Outer Continental Shelf, for subsequent appropriation by Congress. However, the LWCF is not a true trust fund in the way "trust fund" is generally understood in the private sector.
Date:
September 13, 1995
Creator:
Gorte, Ross W.
Item Type:
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Partner:
UNT Libraries Government Documents Department