The text of the bill below is as of Oct 16, 1987 (Passed Congress).
101 STAT. 808 PUBLIC LAW 100-133—OCT. 16, 1987 Public Law 100-183 w. • . v 100th Congress . : An Act To direct the Secretary of Agriculture to release a reversionary interest of the United Oct. 16, 1987 States in certain land located in Putnam County, Florida, and to direct the [H.R. 1205] Secretary of the Interior to convey certain mineral interests of the United States in such land to the State of Florida. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. RELEASE OF REVP]RSIONARY INTEREST. (a) RELEASE.—The Secretary of Agriculture shall take such actions as are necessary to release the restriction described in subsection 0^) if, in consideration of such release, the State of Florida agrees to transfer to the United States a vested future interest, similar to such restriction, in the land identified as "Lands Subject to Future Vested Interest" on the map referred to in subsection (c). (b) RESTRICTION.—The restriction referred to in subsection (a) is a reversionary interest of the United States in the land identified as ' i K?; "Lands Divested of Reversionary and Mineral Interests" on the map referred to in subsection (c) that— !.; • (1) requires that such land be used for public purposes; and (2) is contained in a deed— (A) granting such land from the United States to the r. State Board of Education of Florida; rK„f. (B) dated October 19, 1954; and J :< (C) recorded at page 337 of book 224 of the record of deeds for Putnam County, Florida. (c) M A P AND LEGAL DESCRIPTION.—The lands and interests in lands that are subject to this Act are those lands identified as "Lands Subject to Future Vested Interest" and "Lands Divested of Reversionary and Mineral Interests" as generally depicted on a map entitled "Wilcox Exchange, Putnam County, Florida", dated Feb- ruary 27, 1987, numbered page 1 of 3, and filed, together with a legal description of such lands, in the Office of the Chief of the Forest Service, United States Department of Agriculture. Such map and legal description shall have the same force and effect as if included in this Act, except that cori-ection of clerical and typographical errors in such legal description and map may be made by the Secretary of Agriculture. SEC. 2. SALE OF MINERAL RIGHTS. (a) I N GENERAL.—Subject to any valid existing rights of third parties, the Secretary of the Interior shall convey to the State of Florida all of the undivided mineral interests of the United States in the land identified as "Lands Divested of Reversionary and Mineral Interests" on the map referred to in section 1(c) as soon as prac- ticable after the date of the compliance by the State of Florida with the provisions of subsection (b)(2).
PUBLIC LAW 100-133—OCT. 16, 1987 101 STAT. 809 (b) TERMS OF CONVEYANCE.—(1) Within 90 days after the date of the enactment of this Act, the Secretary of the Interior shall determine— (A) the mineral character of the land identified as "Lands Divested of Reversionary and Mineral Interests" on the map •' referred to in section 1(c); and (B) the fair market value of the mineral interests referred to in subsection (a). (2) The State of Florida shall pay to the United States— (A) any administrative costs incurred by the United States in conveying such mineral interests to the State of Florida, includ- ing the costs of making the determinations required by para- graph (1); and (B)(i) the fair market value of such mineral interests; or (ii) $1, in the case of mineral interests in any land determined by the Secretary of the Interior to have no value and to be under no active mineral development or leasing. Approved October 16, 1987. •.•I ' • •?H". '"'l v-.tij-U ; ••;: J ]/• LEGISLATIVE HISTORY—H.R. 1205: HOUSE REPORTS: No. 100-65 (Comm. on Agriculture). SENATE REPORTS: No. 100-181 (Comm. on Energy and Natural Resources). CONGRESSIONAL RECORD, Vol. 133 (1987): May 27, considered and passed House. , ,?« • Oct. 1, considered and passed Senate.