The Land and Water Conservation
Fund (LWCF)
&
The National Historic Preservation fund (NHPF)
The Land and Water Conservation Act of 1965 created a fund administered by the National Park Service. The fund provides revenues for the Federal government, State governments, and local governments to purchase parks and recreation areas and to plan, acquire, and develop land and water resources for recreational use, habitat protection, scenic beauty, and biological diversity. Approximately 70 to 90 percent of the legislated yearly amount of $900 million is provided from offshore mineral leasing under the provisions of the Outer Continental Shelf Lands Act, as amended. From fiscal year 1982 through fiscal year 2000, the Minerals Management Service gave about $16.3 billion to the LWCF. The LWCF State Grant Program has funded more than 37,000 park and recreation projects.
The National Historic Preservation Fund is
also administered by the National Park Service and is designed to expand and
accelerate historic preservation plans and activities. The fund provides
revenues for matching grants-in-aid to States and local governments, and funds
the National Trust for Historic Preservation. Offshore mineral leasing
provides 100 percent of the $150 million transferred to the fund annually.
From fiscal year 1982 through fiscal year 2000, the Minerals Management Service
gave about about $2.6 billion to the NHPF. Since 1977, over $1 billion was
spent to fund all NHPF grants, including both State and Federal projects.
Alaska has received $98.7 million from the LWCF and the NHPF through fiscal year
2000