Land and Water Conservation Fund: Overview, Funding History, and Issues [October 21, 2014] [open pdf - 304KB]
From the Document: "The Land and Water Conservation Fund (LWCF) Act of 1965 was enacted to help preserve, develop, and ensure access to outdoor recreation facilities to strengthen the health of U.S. citizens. The law created the Land and Water Conservation Fund in the U.S. Treasury as a funding source to implement its outdoor recreation goals. […] There is a difference of opinion as to the appropriate level of funds for LWCF and how those funds should be used. Current congressional issues include deciding the amount to appropriate for land acquisition, the state grant program, and other purposes, if any. Pending legislative proposals address a variety of issues. They include proposals to permanently authorize the LWCF, provide mandatory appropriations for the fund, provide for a minimum percentage and/or amount of funding for acquisitions that increase access to federal lands for recreational purposes, direct revenues from additional sources to the LWCF, specify or change the allocation for the state grant program, and expand or otherwise alter the purposes for which LWCF funds could be used."
CRS Report for Congress, RL33531