S 820 · 107th Congress 2001–2003, ended

Forest Resources for the Environment and the Economy Act

Fact sheet

Latest action · Jul 24, 2001 Committee on Energy and Natural Resources. Hearings held.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMay 3, 2001
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Forest Resources for the Environment and the Economy Act - Amends the Energy Policy Act of 1992 to direct the Secretary of Agriculture to report to Congress on forest carbon management in the National Forest System, including its impact upon timber harvests, wildlife habitat, recreation, and forest health.

Prescribes guidelines on reporting, monitoring, and verification of carbon storage from tree planting and forest management actions.

Directs the Secretary to establish a Carbon and Forestry Advisory Council to: (1) advise on voluntary reporting of greenhouse gas sequestration from forest management actions; (2) estimate the effect of proposed implementation on carbon sequestration and storage; and (3) assist the Secretary in assessing forest vulnerability to climate change.

Prescribes guidelines for: (1) the monitoring of forest carbon; and (2) forest carbon cooperative agreements and loan program on specified lands.

Instructs the Secretary to establish an assistance program provided through State revolving loan funds to Indian tribes and owners of nonindustrial private forest land to undertake forestry carbon activities.

Permits the States of Washington, Oregon, Idaho, and Montana to apply for funding from the Bonneville Power Administration for purposes of funding loans that meet both the objectives of this Act and certain fish and wildlife objectives of the Bonneville Power Administration.

Cosponsors 1

Members who signed on, in the order they did. All signed on May 3, 2001.

SeatCosponsorSigned on
R-IDLarry E. CraigOriginalMay 3, 2001

Actions 4

Everything that happened, newest first.

  1. Jul 24, 2001Committee on Energy and Natural Resources. Hearings held.
  2. May 3, 2001Introduced in Senate
  3. May 3, 2001Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S4250-4253
  4. May 3, 2001Sponsor introductory remarks on measure. (CR S4249-4250, S4253-4254)

Subjects

Assigned by the Library of Congress. Policy area: Public Lands and Natural Resources.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.