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Text of A bill to provide for the release of the reversionary interest held by the United States in certain land conveyed ...

...certain land conveyed by the United States in 1950 for the establishment of an airport in Cook County, Minnesota.

This bill was introduced on December 13, 2011, in a previous session of Congress, but was not enacted. The text of the bill below is as of Dec 13, 2011 (Introduced).

Source: GPO

II

112th CONGRESS

1st Session

S. 1987

IN THE SENATE OF THE UNITED STATES

December 13, 2011

(for herself and Mr. Franken) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry

A BILL

To provide for the release of the reversionary interest held by the United States in certain land conveyed by the United States in 1950 for the establishment of an airport in Cook County, Minnesota.

1.

Release of reversionary interest and use conditions, Cook County Airport, Cook County, Minnesota

(a)

Release of reversionary interest required

The Secretary of Agriculture, acting on behalf of the United States, shall release, without consideration—

(1)

the conditions imposed on the use of the parcel of land originally conveyed by the Secretary pursuant to section 16 of the Federal Airport Act (Act of May 13, 1946, ch. 251, 60 Stat. 170) to the State of Minnesota by deed executed May 31, 1950, for the establishment of an airport in Cook County, Minnesota; and

(2)

the reversionary interest retained by the United States in connection with such conditions.

(b)

Instrument of release

The Secretary of Agriculture shall execute and file in the appropriate office a deed of release, amended deed, or other appropriate instrument reflecting the release of the reversionary interest and conditions under subsection (a).