S. 2020 would reauthorize the Tropical Forest Conservation Act of 1998 through fiscal year 2010, and it would rename the Tropical Forest Conservation Act of 1998 as "The Tropical Forest and Coral Conservation Act of 2007".

== Detailed Summary ==

<summary>
(Log in to edit<b>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the wikimeasure.)</b>

Tropical Forest and beCoral Conservation Reauthorization Act of 2007 - (Sec. 2) Renames the firstTropical Forest Conservation Act of 1998 as The Tropical Forest and Coral Conservation Act of 2007 (Act) .

(Sec. 3) Includes tropical forests and coral reefs and associated coastal marine ecosystems within the scope of such Act. (Current law refers to providetropical forests.)

(Sec. 4) Renames the Tropical Forest Facility as the Conservation Facility.

(Sec. 5) Makes developing countries with tropical forests or coral reefs eligible for benefits. (Current law refers to tropical forests.)

(Sec. 6) Authorizes U.S. government representation on the administering body that oversees the implementation of grants from a detailed summarydebt-for-nature swap or debt buy-back regardless of whether the bill!)United States is a party to any agreement between the eligible purchaser and the government of the beneficiary country.

(Sec. 7) Eliminates the requirement that the Enterprise for the Americas Board be consulted in negotiating a Conservation Agreement.

Requires U.S. government and beneficiary country government review of Conservation Fund grants in excess of $250,000.

(Sec. 8) Renames: (1) the Tropical Forest Agreement as the Conservation Agreement; and (2) the Tropical Forest Fund as the Conservation Fund.

(Sec. 9) Repeals Board authority to carry out activities under the Act.

(Sec. 10) Revises certain reporting dates.

(Sec. 11) Revises specified International Monetary Fund (IMF) criteria for country eligibility.

(Sec. 12) Authorizes FY2008-FY2010 appropriations. Increases obligations for program administration, monitoring, and auditing.
</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
Latest Major Action: 9/11/2007: Senate committee/subcommittee actions. Status: Committee10/15/2007: Placed on Foreign Relations. Ordered to be reported without amendment favorably.Senate Legislative Calendar under General Orders. Calendar No. 419.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

(Log in to edit the wiki and be the first to show why the bill should pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->

== Points Against ==

(Log in to edit the wiki and be the first to show why the bill should not pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->