| Home > 107th Congressional Bills > H.R. 1059 (ih) To require insured depository institutions to make affordable transaction accounts available to their customers, and for other purposes. [Introduced in House] ...
H.R. 1059 (ih) To require insured depository institutions to make affordable transaction accounts available to their customers, and for other purposes. [Introduced in House] ...
H. R. 1058
To provide for an exchange of certain private property in Colorado and
certain Federal property in Utah.
IN THE HOUSE OF REPRESENTATIVES
March 4, 2003
Mr. Duncan introduced the following bill; which was referred to the
Committee on Resources
To provide for an exchange of certain private property in Colorado and
certain Federal property in Utah.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. PROPERTY EXCHANGE.
(a) Authority.--If the owners of the land described in section 2(a)
convey to the United States all right, title, and interest in and to
that land, the Secretary of the Interior shall, immediately without
limitation, convey to those owners all right, title, and interest of
the United States in and to the land described in section 2(b), subject
to section 3.
(b) Exchange of Equal Value.--
(1) In general.--The values of the lands exchanged under
this Act either shall be equal, or if they are not equal, the
values shall be equalized by--
(A) the payment of money to the owners of the land
described in section 2(a) or to the Secretary as
circumstances require; or
(B) upon the agreement of the parties, a decrease
in the amount of land conveyed.
(2) Subject to appropriations.--The authority of the
Secretary to make any payment under this subsection is subject
to the availability of appropriations.
(1) In general.--The values of the lands authorized to be
exchanged under this Act shall be determined by appraisals
using the appraisal standards set forth in the Uniform
Appraisal Standards for Federal Land Acquisitions, fifth
edition (December 20, 2000) and the Uniform Standards of
Professional Appraisal Practice. In accordance with part
254.9(a)(1) of title 36, Code of Federal Regulations, the
appraiser or appraisers shall be qualified and mutually
agreeable to the Secretary and the owners of the non-Federal
property to be exchanged.
(2) Cost.--The Secretary and the owners of the non-Federal
property to be exchanged shall each be responsible for half of
the costs of the appraisals required under paragraph (1).
SEC. 2. PROPERTY DESCRIBED.
(a) Private Land To Be Conveyed.--The land authorized to be
conveyed to the United States under section 1 is the land located in
Colorado and generally depicted on the map entitled ``____'', dated
(b) United States Land To Be Conveyed.--The Federal land authorized
to be conveyed under section 1 is the land located in Utah and
generally depicted on the map entitled ``____'', dated ____.
SEC. 3. CONDITION OF CONVEYANCE BY UNITED STATES.
As a condition of any conveyance of an interest in land by the
United States under this section, the Secretary shall require that--
(1) the person to which the interest is conveyed shall
convey to the State of Utah, by not later than 2 years after
the date of the conveyance by the United States, a conservation
easement to protect cultural resources and natural resources
located on the land, that is required to be administered by the
State of Utah Department of Natural Resources Division of
Wildlife Resources (or any successor to the conservation
functions of that division); and
(2) if the person fails to convey a conservation easement
in accordance with paragraph (1)--
(A) all right, title, and interest conveyed by the
United States under this Act shall revert to the United
(B) all right, title, and interest conveyed to the
United States under this Act shall revert to the person
that made such conveyance to the United States.
SEC. 4. JURISDICTION OF LAND CONVEYED TO THE UNITED STATES.
Land conveyed to the United States pursuant this Act shall be under
the administrative jurisdiction of the Bureau of Land Management.
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