---
kind: "section"
citation: "16 U.S.C. § 579c–1"
title: "16"
title_heading: "Conservation"
number: "579c–1"
heading: "Forest Service interest bearing account"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/16/579c-1"
units:
  - "Chapter 3 — Forests; Forest Service; Reforestation; Management"
  - "Subchapter I — General Provisions"
---

# §579c–1. Forest Service interest bearing account

- (a) **Investment authority—** Any monies covered into the Treasury under [section 579c of this title](/usc/16/579c.md), including all monies that were previously collected by the United States in a forfeiture, judgment, compromise, or settlement, shall be invested by the [Secretary](/usc/16/580p.md?p=3) of the Treasury in interest bearing obligations of the United States to the extent the amounts are not, in the judgment of the [Secretary](/usc/16/580p.md?p=3) of the Treasury, required to meet current withdrawals.
- (b) **Availability of funds—** Any interest earned under [subsection (a)](#a) shall be available in the same manner as the monies covered into the Treasury under [section 579c of this title](/usc/16/579c.md) to cover the costs to the United States specified in [section 579c of this title](/usc/16/579c.md).
- (c) **Use of funds—** Any portion of the monies received or earned under [subsection (a)](#a) in excess of the amount expended in performing the work necessitated by the action which led to their receipt may be used to cover the other work specified in [section 579c of this title](/usc/16/579c.md).
- (d) **Effective date—** This section shall apply with respect to fiscal year 2023 and each succeeding fiscal year.

## Source credit

(Pub. L. 117–328, div. G, title IV, § 441, Dec. 29, 2022, 136 Stat. 4832.)