12 



11 



1 Act shall be deducted from the sums to be paid to Hum- 



2 boldt County in that year under subsection (b). 



3 (d) 25-Percent Fund. — ^Amounts paid under sub- 



4 section (b) with respect to any land in any year shall be 



5 reduced by any amounts paid under the Act of May 23, 



6 1908 (16 U.S.C. 500) which are attributable to sales from 



7 the same lands in that year. 



8 SEC. 7. FOREST STUDY. 



9 The Secretary shall study the lands within the area 



10 comprising approximately 13,620 acres and generally de- 



1 1 picted as "Study Area" on the map referred to in section 



12 3(a). The study shall analyze the area's potential to be 



13 added to the Headwaters Forest and shall identify the nat- 



14 ural resources of the area including the location of old 



15 growth forests, old growth redwood stands, threatened and 



16 endangered species habitat and populations including the 



17 northern spotted owl and marbled murrelet, commercial 



18 timber volume, recreational opportunities, wildlife and 



19 fish, watershed management, and the cost of acquiring the 



20 land. Within one year of the date of enactment of this 



21 Act, the Secretary shall submit a report with the findings 



22 of the study to the Committees on Natural Resources, and 



23 Agriculture of the United States House of Representatives 



24 and the Committees on Energy and Natural Resources, 



•HR 2866 IH 



