| BACKGROUND 
             The Land and Water Conservation Fund (LWCF) was created by 
            Congress in 1964 to provide funds for the preservation and 
            acquisition of important lands and is a common element in all of the 
            conservation funding proposals under consideration this year. LWCF 
            has been responsible for the acquisition of nearly 7 million acres 
            of parkland, wildlife habitat, and open space -- including some of 
            America's best-loved treasures -- Alaska's Denali National Park, 
            Grand Canyon, Florida's Everglades, and Cape Cod National Seashore. 
             The primary source of funding comes from federal revenues from 
            oil and gas drilling on the outer continental shelf of the U. S. 
            Although the LWCF is supposed to be funded at $900 million per year, 
            Congress has diverted as much as 85% for purposes other than 
            conservation and recreation. Since 1964, more than $12 billion has 
            been diverted to unrelated federal programs. 
             The LWCF is divided into two programs -- federal and stateside. 
            The federal LWCF program provides money to acquire important pieces 
            of land for our National Parks, National Wildlife Refuges, National 
            Forests and Bureau of Land Management areas. The stateside LWCF 
            program provides money to state and local governments to acquire and 
            preserve important lands and open space -- last year was the first 
            time this program had received funding since 1995. 
             FUNDING PROPOSALS 
             Currently, a number of proposals are under consideration in 
            Congress that would permanently fund the Land and Water Conservation 
            Fund and other programs to save wildlife habitat and open space, 
            protect sensitive coastal and marine ecosystems, preserve historic 
            and cultural sites, and protect endangered and other declining 
            species. The four key proposals are: 
             
              
                President Clinton's Lands Legacy Initiative 
                The Conservation and Stewardship Act of 2000 
                The Conservation and Reinvestment Act of 1999 
                The Permanent Protection for America's Resources 2000 Act 
                 While all of these provide landmark levels of funding for badly 
            needed conservation programs, the Conservation and Reinvestment Act 
            has serious problems that must be corrected. One of these 
            initiatives, or a compromise combining several of these initiatives, 
            has an excellent chance of enactment either in a budget bill or as 
            "stand alone" legislation before Congress adjourns at the end of 
            this year. 
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