A bill to establish a pilot program to compensate persons who suffer loss or damage from predation by endangered species.

(Reported to House from the Committee on Merchant Marine and Fisheries with amendment, H. Rept. 94-1511)

Directs the Secretary of the Interior to establish a pilot program to compensate persons in Minnesota for damage to livestock caused by the wild eastern timber wolf since such wolf was listed as an endangered or threatened species. Stipulates that such compensation shall be equal to the fair market value of the damaged livestock or the medical expenses incurred to restore such livestock. Limits such compensation to damage occurring between October 1, 1977, and September 30, 1981. Sets forth the formula for determination of the Federal share of such compensation. Authorizes the appropriation of $600,000 to carry out such program. Directs the Secretary to study the type and extent of damage caused by endangered species, and what methods should be implemented to reduce, eliminate, or mitigate such damage.