§579c–1 Forest Service Interest Bearing Account

Summary

Money sent to the U.S. Treasury under section 579c, including money from forfeitures, judgments, compromises, or settlements, must be invested by the Treasury Secretary in U.S. interest‑bearing obligations unless the Secretary decides the cash is needed for current withdrawals. Any interest earned can be used the same way as the original money to pay the costs listed in section 579c. If more money is left over after paying for the work that led to its collection, the extra can be used for other work listed in section 579c. These rules start in fiscal year 2023 and apply every year after.