; and (B) may not also be permanently designated as a national monument under this section. (4) Rights and Uses Land designated as a national monument under this subsection shall remain subject to— (A) valid existing rights; and (B) uses allowed on the day before such designation under an applicable Resource Management Plan or Forest Plan. (j) Presidential authority To reduce size of declared monuments The President may— (1) reduce the size of any national monument declared under this section by 85,000 acres or less; or (2) reduce the size of any national monument declared under this section by more than 85,000 acres only if the reduction— (A) has been approved by the elected governing body of each county (or county equivalent), the legislature of each State, and the Governor of each State within whose boundaries the national monument will be located (and the Governor of each such State has transmitted a copy of each such approval to the President); and (B) has been reviewed under the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq.) by the Secretary of the Interior or the Secretary of Agriculture, as appropriate. (k) Non-Federally owned property After the date of the enactment of this subsection, land may not be declared as a national monument under this section in a configuration that would place non-federally owned property within the exterior boundaries of the national monument without the express written consent of the owners of that non-federally owned property. (l) Effect of declaration on federal funds No declaration under this section shall be construed to increase the amount of Federal funds that are authorized to be appropriated for any fiscal year. (m) Water rights associated with a declaration Water rights associated with a declaration under this section— (1) may not be reserved expressly or by implication by a declaration under this section