Summary

Amends the Omnibus Public Land Management Act of 2009 to add an “adjusted interest payments” authorization and authorizes $5,124,902.12 to be appropriated to the Secretary for deposit into the Development Fund. The change inserts a new clause that identifies the dollar amount for adjusted-interest payments but does not specify an effective date or identify the Secretary by formal title. The text authorizes funding (it does not itself appropriate cash) to support payments through the Development Fund once Congress provides the appropriation and the responsible Secretary implements the deposit and payments.

• Adds a new “Adjusted interest payments” clause to Section 10807(b)(3) of the Omnibus Public Land Management Act of 2009.
• Authorizes $5,124,902.12 to be appropriated to the Secretary for deposit into the Development Fund for adjusted-interest payments.
• The text inserts an “(A) In general” framing clause and a new “(B) Adjusted interest payments” clause that contains the dollar amount.
• The provision authorizes an appropriation but does not itself appropriate or obligate funds; a separate appropriations action is required to release money.
• No effective date is specified in the amendment.
• The amendment uses the term “Secretary” without identifying which Secretary by title, which may require administrative clarification on implementation.
• The change appears technical and narrowly focused on providing funding authority for specific adjusted-interest payments to the Development Fund.