agement activities described in subsection (d), and
other aspects of the Quincy Library Group Commu-
nity Stability Proposal; and
(2) makes other changes warranted by the anal-
yses conducted in compliance with section 102(2) of
the National Environmental Policy Act of 1969 (42
U.S.C. 4332(2)), section 6 of the Forest and Range-
land Renewable Resources Planning Act of 1974 (16
U.S.C. 1604), and other applicable laws.
(j) REPORTING REQUIREMENTS.—
(1) IN GENERAL.—Not later than February 28
of each year during the term of the pilot project, the
Secretary after consultation with the Quincy Library
Group, shall submit to Congress a report on the sta-
tus of the pilot project. The report shall include at
least the following:
(A) A complete accounting of the use of
funds made available under subsection (f)(1)(A)
until such funds are fully expended.
(B) A complete accounting of the use of
funds and accounts made available under sub-
section (f)(1) for the previous fiscal year, in-
cluding a schedule of the amounts drawn from
each account used to perform resource manage-
ment activities described in subsection (d).
(C) A description of total acres treated for
each of the resource management activities re-
quired under subsection (d), forest health im-
provements, fire risk reductions, water yield in-
creases, and other natural resources-related
benefits achieved by the implementation of the
resource management activities described in
subsection (d).
(D) A description of the economic benefits
to local communities achieved by the implemen-
tation of the pilot project.
(E) A comparison of the revenues gen-
erated by, and costs incurred in, the implemen-
tation of the resource management activities de-
scribed in subsection (d) on the Federal lands
included in the pilot project area with the reve-
nues and costs during each of the fiscal years
1992 through 1997 for timber management of
such lands before their inclusion in the pilot
project.
(F) A schedule for the resource manage-
ment activities to be undertaken in the pilot
project area during the calendar year.
(2) 
LIMITATION
ON
EXPENDITURES.—The
amount of Federal funds expended on each annual
report under this subsection shall not exceed
$50,000.
(k) FINAL REPORT.—
(1) IN GENERAL.—Beginning after completion
of 6 months of the second year of the pilot project,
the Secretary shall compile a science-based assess-
ment of, and report on, the effectiveness of the pilot
project in meeting the stated goals of this pilot
project. Such assessment and report—
(A) shall include watershed monitoring of
lands treated under this section, that should ad-
dress the following issues on a priority basis:
timing of water releases, water quality changes,
and water yield changes over the short and long
term in the pilot project area;
(B) shall be compiled in consultation with
the Quincy Library Group; and
(C) shall be submitted to the Congress by
July 1, 2002.
(2) LIMITATIONS
ON
EXPENDITURES.—The
amount of Federal funds expended for the assess-
ment and report under this subsection, other than
for watershed monitoring under paragraph (1)(A),
shall not exceed $150,000. The amount of Federal
funds expended for watershed monitoring under
paragraph (1)(A) shall not exceed $75,000 for each
of fiscal years 2000, 2001, and 2002.
(l) RELATIONSHIP TO OTHER LAWS.—Nothing in
this section exempts the pilot project from any Federal
environmental law.
Passed the House of Representatives July 9, 1997.
Attest:
Clerk.