Wood Supply and National Forest Lands Investment Act

[AI summary unavailable — showing source text] Wood Supply and National Forest Lands Investment Act - Sets forth the findings of Congress. Establishes in the Treasury of the United States a forecast lands planning and investment fund, hereinafter referred to as the "fund". Provides that beginnning July 1, 1973, there shall be credited to the fund all receipts from the sale of forest products and from any other source of revenue from the national forests and other lands administered by the Forest Service. States that moneys appropriated from the fund shall be allocated in each fiscal year for expenditure by the Secretary of Agriculture in such proportions and in such locations as he determines to be appropriate for the following purposes: (1) planning and inventories needed for the preservation, use, or development of national forest system resources; (2) capital or basic investments made for furthering sustained yield resource management programs or for enhancing long-term public use of national forest resources; and (3) financial or technical assistance to States or private forest landowners in accord with such forestry assistance programs as the Secretary of Agriculture is authorized to undertake under other provisions of law…