(D) enforcement and implementation of 
the Convention or the law of a foreign country 
to— 
(i) protect and manage a critically en-
dangered species or the habitat of such 
species; 
(ii) prevent illegal or unsustainable re-
moval of a critically endangered species 
from the wild, including as marine bycatch; 
or 
(iii) prevent illegal trade of a critically 
endangered species; 
(E) training and capacity building for local 
law enforcement officials in the interdiction and 
prevention of the illegal killing, removal from 
the wild, or trade of a critically endangered spe-
cies; 
(F) an initiative to resolve a conflict be-
tween humans and a critically endangered spe-
cies; 
(G) 
research 
and 
implementation 
of 
projects to address disease and threats to the 
health of a critically endangered species; 
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(H) community outreach and education on 
conservation of a critically endangered species 
and the habitat of such species; or 
(I) strengthening the ability of local com-
munities to implement a conservation program. 
(3) CONSULTATION.—The Secretary shall, prior 
to approving any proposal under this section, consult 
with each of the following with respect to such pro-
posal: 
(A) The Government of each country in 
which such proposal will be carried out. 
(B) Any other Federal agency the Sec-
retary determines is appropriate. 
(4) PREFERENTIAL CONSIDERATION.—In deter-
mining whether to approve a proposal, the Secretary 
shall give preference to a proposal that— 
(A) is designed to ensure effective, long- 
term conservation of critically endangered spe-
cies and their habitats; and 
(B) has matching funds available. 
(5) APPROVAL.—The Secretary shall, within 
180 days of receiving a proposal under this section, 
approve or disapprove of the proposal and provide 
written notification of such approval or disapproval 
to— 
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(A) the person who submitted such pro-
posal; 
(B) any Federal agency the Secretary de-
termines appropriate; and 
(C) the foreign country in which such pro-
posal would be carried out. 
(d) PROJECT REPORTING.— 
(1) IN GENERAL.— The Secretary shall require 
each person that receives assistance under this sec-
tion to submit periodic reports including such infor-
mation as the Secretary may require in order to 
evaluate the progress and success of each grant 
issued under this section. 
(2) AVAILABILITY
TO
THE
PUBLIC.—Reports 
under paragraph (1), and any other documents re-
lating to projects for which financial assistance is 
provided under this Act except for documents that 
the Secretary determines to be confidential in na-
ture, shall be made available to the public. 
(e) LIMITATIONS
ON USE
FOR CAPTIVE BREED-
ING.—Amounts provided as a grant under this Act— 
(1) may not be used for captive breeding of 
critically endangered species other than for captive 
breeding designed for release into the wild; and 
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(2) may be used for captive breeding of a spe-
cies for release into the wild only if no other con-
servation method for the species is biologically or 
technically feasible. 
SEC. 4. CRITICALLY ENDANGERED ANIMALS CONSERVA-
TION FUND. 
(a) ESTABLISHMENT.—There is established in the 
Multinational Species Conservation Fund a separate ac-
count to be known as the ‘‘Critically Endangered Animals 
Conservation Fund’’, consisting of— 
(1) amounts transferred to the Secretary of the 
Treasury for deposit into the Fund under subsection 
(e); 
(2) amounts appropriated to the Fund under 
section 6; and 
(3) any interest earned on investment of 
amounts in the Fund under subsection (c). 
(b) EXPENDITURES FROM FUND.— 
(1) IN GENERAL.—Subject to paragraph (2), at 
the request of the Secretary, the Secretary of the 
Treasury shall transfer from the Fund to the Sec-
retary, without further appropriation, such amounts 
as the Secretary determines are necessary to carry 
out section 3. 
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(2) 
ADMINISTRATIVE
EXPENSES.—Of 
the 
amounts in the account available for each fiscal 
year, the Secretary may expend not more than 3 
percent, or up to $150,000, whichever is greater, to 
pay the administrative expenses necessary to carry 
out this Act. 
(c) INVESTMENT OF AMOUNTS.— 
(1) IN GENERAL.—The Secretary of the Treas-
ury shall invest such portion of the Fund as is not, 
in the judgment of the Secretary of the Treasury, 
required to meet current withdrawals. Investments 
may be made only in interest-bearing obligations of 
the United States. 
(2) ACQUISITION
OF
OBLIGATIONS.—For the 
purpose of investments under paragraph (1), obliga-
tions may be acquired— 
(A) on original issue at the issue price; or 
(B) by purchase of outstanding obligations 
at market price. 
(3) SALE OF OBLIGATIONS.—Any obligation ac-
quired by the Fund may be sold by the Secretary of 
the Treasury at market price. 
(4) CREDITS TO FUND.—The interest on, and 
the proceeds from the sale or redemption of, any ob-
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ligations held in the Fund shall be credited to and 
form a part of the Fund. 
(d) TRANSFERS OF AMOUNTS.— 
(1) IN GENERAL.—The amounts required to be 
transferred to the Fund under this section shall be 
transferred at least monthly from the general fund 
of the Treasury to the Fund on the basis of esti-
mates made by the Secretary of the Treasury. 
(2) ADJUSTMENTS.—Proper adjustment shall 
be made in amounts subsequently transferred to the 
extent prior estimates were in excess of or less than 
the amounts required to be transferred. 
(e) ACCEPTANCE AND USE OF DONATIONS.—The 
Secretary may accept and use donations to provide assist-
ance under section 4. Amounts received by the Secretary 
in the form of donations shall be transferred to the Sec-
retary of the Treasury for deposit in the Fund. The Sec-
retary may reject a gift under this section when the rejec-
tion is in the interest of the Government. 
SEC. 5. AUTHORIZATION OF APPROPRIATIONS. 
There is authorized to be appropriated to the Fund 
$5,000,000 for each of fiscal years 2022 through 2027. 
SEC. 6. REPORT TO CONGRESS. 
Not later than 1 year after the date of enactment 
of this Act, and every 2 years thereafter, the Secretary 
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