SECTION 1. SALE OR EXCHANGE OF LAND, OZARK-ST. FRANCIS AND OUACHITA 
              NATIONAL FORESTS.

    (a) In General.--The Secretary of Agriculture (referred to in this 
Act as the ``Secretary'') may, under such terms and conditions as the 
Secretary may prescribe, sell or exchange any right, title, and 
interest of the United States in and to the following National Forest 
System land and improvements:
            (1) In the Ouachita National Forest--
                    (A) tract 1, ``Work Center and two Residences'' 
                (approximately 12.4 acres), as identified on the map 
                entitled ``Ouachita National Forest, Waldron, Arkansas, 
                Work Center and Residences'' and dated July 26, 2000;
                    (B) tract 2, ``Work Center'' (approximately 10 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Booneville, Arkansas, Work Center'' 
                and dated July 26, 2000;
                    (C) tract 3, ``Residence'' (approximately \1/2\ 
                acre), as identified on the map entitled ``Ouachita 
                National Forest, Glenwood, Arkansas, Residence'' and 
                dated July 26, 2000;
                    (D) tract 4, ``Work Center'' (approximately 10.12 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Thornburg, Arkansas, Work Center'' and 
                dated July 26, 2000;
                    (E) tract 5, ``Office Building'' (approximately 1.5 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Perryville, Arkansas, Office 
                Building'' and dated July 26, 2000;
                    (F) tract 6, ``Several Buildings, Including Office 
                Space and Equipment Depot'' (approximately 3 acres), as 
                identified on the map entitled ``Ouachita National 
                Forest, Hot Springs, Arkansas, Buildings'' and dated 
                July 26, 2000;
                    (G) tract 7, ``Isolated Forestland'' (approximately 
                120 acres), as identified on the map entitled 
                ``Ouachita National Forest, Sunshine, Arkansas, 
                Isolated Forestland'' and dated July 26, 2000;
                    (H) tract 8, ``Isolated Forestland'' (approximately 
                40 acres), as identified on the map entitled ``Ouachita 
                National Forest, Sunshine, Arkansas, Isolated 
                Forestland'' and dated July 26, 2000;
                    (I) tract 9, ``Three Residences'' (approximately 
                9.89 acres), as identified on the map entitled 
                ``Ouachita National Forest, Heavener, Oklahoma, Three 
                Residences'' and dated July 26, 2000;
                    (J) tract 10, ``Work Center'' (approximately 38.91 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Heavener, Oklahoma, Work Center'' and 
                dated July 26, 2000;
                    (K) tract 11, ``Residence #1'' (approximately 0.45 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Talihina, Oklahoma, Residence #1'' and 
                dated July 26, 2000;
                    (L) tract 12, ``Residence #2'' (approximately 0.21 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Talihina, Oklahoma, Residence #2'' and 
                dated July 26, 2000;
                    (M) tract 13, ``Work Center'' (approximately 5 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Big Cedar, Oklahoma, Work Center'' and 
                dated July 26, 2000;
                    (N) tract 14, ``Residence'' (approximately 0.5 
                acres), as identified on the map entitled ``Ouachita 
                National Forest, Idabel, Oklahoma, Residence'' and 
                dated July 26, 2000;
                    (O) tract 15, ``Residence and Work Center'' 
                (approximately 40 acres), as identified on the map 
                entitled ``Ouachita National Forest, Idabel, Oklahoma, 
                Residence and Work Center'' and dated July 26, 2000; 
                and
                    (P) tract 16, ``Isolated Forestland'' at sec. 30, 
                T. 2 S., R. 25 W. (approximately 2.08 acres), as 
                identified on the map entitled ``Ouachita National 
                Forest, Mt. Ida, Arkansas, Isolated Forestland'' and 
                dated August 27, 2001.
            (2) In the Ozark-St. Francis National Forest--
                    (A) tract 1, ``Tract 750, District 1, Two 
                Residences, Administrative Office'' (approximately 8.96 
                acres), as identified on the map entitled ``Ozark-St. 
                Francis National Forest, Mountain View, Arkansas, Tract 
                750, District 1, Two Residences, Administrative 
                Office'' and dated July 26, 2000;
                    (B) tract 2, ``Tract 2736, District 5, Mountainburg 
                Work Center'' (approximately 1.61 acres), as identified 
                on the map entitled ``Ozark-St. Francis National 
                Forest, Mountainburg, Arkansas, Tract 2736, District 5, 
                Mountainburg Work Center'' and dated July 26, 2000;
                    (C) tract 3, ``Tract 2686, District 6, House'' 
                (approximately 0.31 acres), as identified on the map 
                entitled ``Ozark-St. Francis National Forest, Paris, 
                Arkansas, Tract 2686, District 6 House'' and dated July 
                26, 2000;
                    (D) tract 4, ``Tract 2807, District 6, House'' 
                (approximately 0.25 acres), as identified on the map 
                entitled ``Ozark-St. Francis National Forest, Paris, 
                Arkansas, Tract 2807, District 6, House'' and dated 
                July 26, 2000;
                    (E) tract 5, ``Tract 2556, District 3, Dover Work 
                Center'' (approximately 2.0 acres), as identified on 
                the map entitled ``Ozark-St. Francis National Forest, 
                Dover, Arkansas, Tract 2556, District 3, Dover Work 
                Center'' and dated July 26, 2000;
                    (F) tract 6, ``Tract 2735, District 2, House'' 
                (approximately 0.514 acres), as identified on the map 
                entitled ``Ozark-St. Francis National Forest, Jasper, 
                Arkansas, Tract 2735, District 2, House'' and dated 
                July 26, 2000; and
                    (G) tract 7, ``Tract 2574, District 2, House'' 
                (approximately 0.75 acres), as identified on the map 
                entitled ``Ozark-St. Francis National Forest, Jasper, 
                Arkansas, Tract 2574, District 2, House'' and dated 
                July 26, 2000.
    (b) Applicable Authorities.--Except as otherwise provided in this 
Act, any sale or exchange of land described in subsection (a) shall be 
subject to laws (including regulations) applicable to the conveyance 
and acquisition of land for National Forest System purposes.
    (c) Cash Equalization.--Notwithstanding any other provision of law, 
the Secretary may accept cash equalization payments in excess of 25 
percent of the total value of the land described in subsection (a) from 
any exchange under subsection (a).
    (d) Solicitations of Offers.--
            (1) In general.--In carrying out this Act, the Secretary 
        may use solicitations of offers for sale or exchange under this 
        Act on such terms and conditions as the Secretary may 
        prescribe.
            (2) Rejection of offers.--The Secretary may reject any 
        offer under this Act if the Secretary determines that the offer 
        is not adequate or not in the public interest.

SEC. 2. DISPOSITION OF FUNDS.

    Any funds received by the Secretary through sale or by cash 
equalization from an exchange--
            (1) shall be deposited into the fund established by Public 
        Law 90-171 (commonly known as the ``Sisk Act'') (16 U.S.C. 
        484a); and
            (2) shall be available for expenditure, without further Act 
        of appropriation, for the acquisition, construction, or 
        improvement of administrative facilities, land, or interests in 
        land for the national forests in the States of Arkansas and 
        Oklahoma.

SEC. 3. AUTHORIZATION OF APPROPRIATIONS.

    There are authorized to be appropriated such sums as are necessary 
to carry out this Act.
Authorizes the Secretary of Agriculture to sell or exchange certain administrative sites and land in the Ouachita National Forest, Arkansas and Oklahoma, and the Ozark-St. Francis National Forest, Arkansas. States that any resultant funds shall be available for acquisition, improvement, or construction of administrative facilities, land, or interests in land for the national forests in Arkansas or Oklahoma.
To authorize the Secretary of Agriculture to sell or exchange all or part of certain administrative sites and other land in the Ozark-St. Francis and Ouachita National Forests and to use funds derived from the sale or exchange to acquire, construct, or improve administrative sites, and for other purposes.