Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
EXCESS TO CASCADE RESERVOIR RECLAMATION PROJECT.
Section 5 of Public Law 86-92 (73 Stat. 219) is amended by striking subsection (b) and inserting the following: ``(b) Land Exchanges.-- ``(1) In general.--The Secretary may exchange land of either class described in subsection (a) for non-Federal land of not less than approximately equal value, as determined by an appraisal carried out in accordance with-- ``(A) the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (42 U.S.C. 4601 et seq.); and ``(B) the publication entitled `Uniform Appraisal Standards for Federal Land Acquisitions', as amended by the Interagency Land Acquisition Conference in consultation with the Department of Justice. ``(2) Equalization.--If the land exchanged under paragraph (1) is not of equal value, the values shall be equalized by the payment of funds by the Secretary or the grantor, as appropriate, in an amount equal to the amount by which the values of the land differ.''.
Approved November 9, 2000.
LEGISLATIVE HISTORY--S. 1778: ---------------------------------------------------------------------------
HOUSE REPORTS: No. 106-871 (Comm. on Resources). SENATE REPORTS: No. 106-271 (Comm. on Energy and Natural Resources). CONGRESSIONAL RECORD, Vol. 146 (2000): Apr. 13, considered and passed Senate. Oct. 23, considered and passed House.
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