16 U.S.C. § 460uu–44 — Mineral exchanges
submitted 39 years ago by Pub. L. 100-225 to r/title-16-CONSERVATION · 418 words · no verdicts yet
The Secretary must trade federal mineral rights under about 15,008 acres for private mineral rights under about 15,141 acres, but only after confirming the values are roughly equal and the trade serves the public interest. A legal description of the traded land must be filed with Congress, and Congress wants the trade finished within three years.
(a) The Secretary must exchange the federal government's mineral rights described in subsection (b) for the private mineral rights described in subsection (c), but only if: (1) the private owner has given the Secretary all requested information about the value of both sets of mineral rights; (2) based on that and any other information, the Secretary has determined the two sets of mineral rights are worth about the same; and (3) the Secretary has determined that the exchange does not conflict with the Federal Land Policy and Management Act of 1976 (except where this section says otherwise), and that the exchange serves the public interest.
(b) The federal mineral rights to be traded sit under about 15,008 acres marked "Proposed for transfer to Santa Fe Pacific" on the map described in subsection (d).
(c) The private mineral rights to be traded sit under about 15,141 acres marked "Proposed for transfer to U.S." on that same map.
(d) These mineral interests are shown on a map titled "El Malpais Leg. Boundary, HR3684/S56," revised May 8, 1987. As soon as practical after December 31, 1987, the Secretary must file a legal description of these mineral-interest areas with the House Committee on Interior and Insular Affairs and the Senate Committee on Energy and Natural Resources. That legal description counts as if it were written directly into this law, though the Secretary may fix clerical and typing errors in it. It must be kept on file and open for public inspection at the Bureau of Land Management's offices.
(e) Congress's sense is that all these exchanges should be completed no later than three years after December 31, 1987.
The Secretary is authorized and directed to exchange the Federal mineral interests in the lands described in subsection (b) for the private mineral interests in the lands described in subsection (c), if—
the owner of such private mineral interests has made available to the Secretary all information requested by the Secretary as to the respective values of the private and Federal mineral interests to be exchanged; and
on the basis of information obtained pursuant to paragraph (1) and any other information available, the Secretary has determined that the mineral interests to be exchanged are of approximately equal value; and
the Secretary has determined—
that except insofar as otherwise provided in this section, the exchange is not inconsistent with the Federal Land Policy and Management Act of 1976 [43 U.S.C. 1701 et seq.]; and
that the exchange is in the public interest.
The Federal mineral interests to be exchanged under this section underlie the lands, comprising approximately 15,008 acres, depicted as “Proposed for transfer to Santa Fe Pacific” on the map referenced in subsection (d).
The private mineral interests to be exchanged pursuant to this section underlie the lands, comprising approximately 15,141 acres, depicted as “Proposed for transfer to U.S.” on the map referenced in subsection (d).
The mineral interests identified in this section underlie those lands depicted as “Proposed for transfer to Santa Fe Pacific” and as “Proposed for transfer to U.S.” on a map entitled “El Malpais Leg. Boundary, HR3684/S56”, revised 5–8–87.
As soon as practicable after December 31, 1987, the Secretary shall file a legal description of the mineral interest areas designated under this section with the Committee on Interior and Insular Affairs of the United States House of Representatives and the Committee on Energy and Natural Resources of the United States Senate. Such legal description shall have the same force and effect as if included in this subchapter, except that the Secretary may correct clerical and typographical errors in such legal description. The legal description shall be on file and available for public inspection in the offices of the Director of the Bureau of Land Management, Department of the Interior.
It is the sense of the Congress that all exchanges pursuant to this section shall be completed no later than three years after December 31, 1987.
Source credit: (Pub. L. 100–225, title V, § 504, Dec. 31, 1987, 101 Stat. 1545.)
- 1987Enacted · Pub. L. 100-225 · 101 Stat. 1545
A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-225 on 1987-12-31.
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