Land and Water Conservation Authorization and Funding Act of 2011 - Amends the Land and Water Conservation Fund Act of 1965 to make permanent the authorization for the Land and Water Conservation Fund.
Makes monies covered into the Fund available for expenditure to carry out the purposes of the Act without further appropriation.
Requires not less than 1.5% of the annual authorized funding amount to be made available for projects that secure recreational public access to existing federal public land for hunting, fishing, and other recreational purposes.