SOUTH DAKOTA TERRESTRIAL WILDLIFE HABITAT RESTORATION TRUST FUND.

SEC. 603. SOUTH DAKOTA TERRESTRIAL WILDLIFE HABITAT RESTORATION TRUST FUND. (a) Establishment.—There is established in the Treasury of the United States a fund to be known as the “South Dakota Terrestrial Wildlife Habitat Restoration Trust Fund” (referred to in this section as the “Fund”). (b) Funding.—For the fiscal year during which this Act is enacted and each fiscal year thereafter until the aggregate amount deposited in the Fund under this subsection is equal to at least $108,000,000, the Secretary of the Treasury shall deposit $10,000,000 in the Fund. (c) Investments.—The Secretary of the Treasury shall invest the amounts deposited under subsection (b) only in interest-bearing obligations of the United States or in obligations guaranteed by the United States as to both principal and interest. (d) Payments.— (1) In general.—All amounts credited as interest under subsection (c) shall be available, without fiscal year limitation, to the State of South Dakota for use in accordance with paragraph (3) after the Fund has been fully capitalized. (2) Withdrawal and transfer of funds.—Subject to section 802(a)(4)(A), the Secretary of the Treasury shall withdraw amounts credited as interest under paragraph (1) and transfer the amounts to the State of South Dakota for use as State funds in accordance with paragraph (3) after the Fund has been fully capitalized. (3) Use of transferred funds.— (A) In general.—Subject to subparagraph (B), the State of South Dakota shall use the amounts transferred under paragraph (2) only to— (i) fully fund the annually scheduled work described in the terrestrial wildlife habitat restoration plan of the State developed under section 802(a); and (ii) with any remaining funds— (I) protect archaeological, historical, and cultural sites located along the Missouri River on land transferred to the State; (II) fund all costs associated with the ownership, management, operation, administration, maintenance, and development of recreation areas and other lands that are transferred to the State of South Dakota by the Secretary; (III) purchase and administer wildlife habitat leases under section 802(b); (IV) carry out other activities described in section 802; and (V) develop and maintain public access to, and protect, wildlife habitat and recreation areas along the Missouri River. (B) Prohibition.—The amounts transferred under paragraph (2) shall not be used for the purchase of land in fee title. (e) Transfers and Withdrawals.—Except as provided in subsection (d), the Secretary of the Treasury may not transfer or withdraw any amount deposited under subsection (b).112 STAT. 2681–664 (f) Administrative Expenses.—There are authorized to be appropriated to the Secretary of the Treasury such sums as are necessary to pay the administrative expenses of the Fund.