H.R. 3418: Historic Preservation Fund Reauthorization Act (119th Congress) Bill Summary

This bill is known as the Historic Preservation Fund Reauthorization Act. Its primary aim is to extend the funding allocated to the Historic Preservation Fund, which is used for preserving historical sites and properties in the United States. Below is a breakdown of what the bill entails:

Key Provisions of the Bill

Funding Extension: The bill proposes to amend an existing law to extend the funding timeline for the Historic Preservation Fund from the year 2023 to the year 2035.
Increased Funding Amount: It seeks to increase the annual funding amount available for the fund. Specifically, it raises the funding from $150 million to $250 million per year starting in the year 2035.

Purpose of the Historic Preservation Fund

The Historic Preservation Fund is utilized to support various activities related to the preservation of historical and archaeological sites. This includes:

Grants for state and tribal historic preservation offices.
Funding for preservation projects that safeguard important cultural and historical resources.
Support for educational initiatives that promote awareness of historic preservation.

Implications of the Bill

If passed, the bill would ensure that there is continued financial support for the preservation of historic sites over the next decade, allowing for more robust efforts in maintaining and restoring important cultural landmarks. It represents an ongoing commitment to heritage conservation by increasing the financial resources available for such projects.