What This Bill Does
Why It Matters
Key Facts
- Cost/Budget Impact: Estimated at $500 million per year, funded by existing receipts from federal lands.
- Timeline for Implementation: Effective from December 18, 2025, through September 30, 2026.
- Number of People Affected: Impacts residents in over 700 counties, serving approximately 1.5 million students.
- Key Dates: Introduced on February 3, 2025, and signed into law on December 18, 2025.
- Bipartisan Support: Passed with backing from both parties, highlighting its broad appeal.
- Historical Context: Originated in response to declining timber revenues and has been reauthorized multiple times.
- Real-World Impact: Supports essential services in rural areas, helping maintain quality of life and economic stability.
