Detailed Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Problem:SECTION 1. SHORT TITLE.

This Act may be cited as the ''Timber-Dependent Counties
Stabilization Act of 1999''.

SEC. 2. SHARING OF FOREST SERVICE TIMBER SALE RECEIPTS.

(a) Payments.--
(1) Fiscal years 2000 through 2004.--In lieu of making the
25-percent payments to States for each of fiscal years 2000
through 2004, the Secretary of the Treasury shall pay to each
State that is otherwise eligible to receive those payments the
special payment amount determined for that State.
(2) Fiscal years after fiscal year 2004.--
(A) In general.--For each fiscal year after fiscal
year 2004, the Secretary of the Treasury shall pay to
each State that is otherwise eligible for the 25-
percent payments to States, as elected by the State,
either--
(i) the special payment amount determined
for that State, in lieu of the 25-percent
payments to States otherwise applicable for
that State; or
(ii) the 25-percent payments to States
applicable for that State.
(B) Election.--The election under subparagraph (A)
shall be made by the Governor of a State only once, for
all fiscal years after fiscal year 2004, by not later
than 5 years after the date of the enactment of this
Act. If the Governor of a State fails to make the
election by that date, the State is deemed to have
elected the payment described in subparagraph (A)(i)
for all fiscal years after fiscal year 2004.
(3) Expenditure by states.--Amounts paid to a State under
this subsection shall be expended by the State in the same
manner in which 25-percent payments to States are required to
be expended.
(b) Definitions.--As used in this section:
(1) 25-percent payments to states.--The term ''25-percent
payments to States'' means the 25-percent payments authorized
by the Act of May 23, 1908 (35 Stat. 260, chapter 192; 16
U.S.C. 500) for the benefit of counties in which national
forests are situated, as in effect immediately before the date
of the enactment of this section.
(2) Special payment amount.--The term ''special payment
amount'' means, for a State, the amount equal to--
(A) 76 percent, multiplied by
(B) the amount equal to--
(i) the total amount of 25-percent
payments to States made to the State
for the 3 fiscal years (whether or not consecutive) for which those
payments were the highest in the period beginning October 1, 1985, and
ending September 30, 1995, divided by
(ii) 3.
The amount described in this paragraph shall be adjusted to
reflect changes in the consumer price index for urban areas (as
published by the Bureau of Labor Statistics) that occur after
publication of that index for fiscal year 2004.

SEC. 3. SHARING OF BUREAU OF LAND MANAGEMENT TIMBER SALE RECEIPTS.

(a) Payments.--
(1) Fiscal years 2000 through 2004.--In lieu of making the
50-percent payments to counties for each of fiscal years 2000
through 2004, the Secretary of the Treasury shall pay to each
county that is otherwise eligible to receive those payments the
special payment amount determined for that county.
(2) Fiscal years after fiscal year 2004.--
(A) In general.--For each fiscal year after fiscal
year 2004, the Secretary of the Treasury shall pay to
each county that is otherwise eligible to receive the
50-percent payments to counties, as elected by the
county, either--
(i) the special payment amount, in lieu of
the 50-percent payments to counties otherwise
applicable and allocable to that county; or
(ii) the share of the 50-percent payments
to counties otherwise applicable and allocable
to the county.
(B) Election.--The election under subparagraph (A)
shall be made by the chief executive officer of a
county only once, for all fiscal years after fiscal
year 2004, by not later than 5 years after the date of
the enactment of this Act. If the chief executive
officer of a county fails to make the election by that
date, the county is deemed to have elected the payment
described in subparagraph (A)(i) for all fiscal years
after fiscal year 2004.
(b) Definitions.--As used in this section:
(1) 50-percent payments to counties.--The term ''50-percent
payments to counties'' means the sum of the 50-percent share
otherwise paid to a county pursuant to title II of the Act of
August 28, 1937 (50 Stat. 875, chapter 876; 43 U.S.C. 1181f),
and the payments made to counties pursuant to the Act of May
24, 1939 (53 Stat. 753, chapter 144; 43 U.S.C. 1181f-1 et
seq.), as in effect immediately before the date of the
enactment of this section.
(2) Special payment amount.--The term ''special payment
amount'' means the amount equal to--
(A) 76 percent, multiplied by
(B) the amount equal to--
(i) the total amount of 50-percent
payments to counties made to the county
for the 3 fiscal years (whether or not
consecutive) for which those payments
were the highest in the period
beginning October 1, 1985, and ending
September 30, 1995, divided by
(ii) 3.
The amount described in this paragraph shall be adjusted to
reflect changes in the consumer price index for urban areas (as
published by the Bureau of Labor Statistics) that occur after
publication of that index for fiscal year 2004.

SEC. 4. CONFORMING AMENDMENT.

Title XIII of the Omnibus Budget Reconciliation Act of 1993 (Public
Law 103-66) is amended by striking chapter 4 (107 Stat. 681-682).
Solution:
Timber-Dependent Counties Stabilization Act of 1999 - Revises the existing rate for State sharing of Forest Service and Bureau of Land Management timber sale receipts through a specified date, and permits States to choose either rate after such date.