SECTION 1. SHORT TITLE.
    This Act may be cited as the ``Gulf Islands National Seashore Land 
Exchange Act''.
SEC. 2. DEFINITIONS.
    In this Act:
        (1) Federal land.--The term ``Federal land'' means the parcel 
    of approximately 1.542 acres of land that is located within the 
    Gulf Islands National Seashore in Jackson County, Mississippi, and 
    identified as ``NPS Exchange Area'' on the Map.
        (2) Map.--The term ``Map'' means the map entitled ``Gulf 
    Islands National Seashore, Proposed Land Exchange with VFW, Davis 
    Bayou Area--Jackson County, MS'', numbered 635/133309, and dated 
    June 2016.
        (3) Non-federal land.--The term ``non-Federal land'' means the 
    parcel of approximately 2.161 acres of land that is located in 
    Jackson County, Mississippi, and identified as ``VFW Exchange 
    Area'' on the Map.
        (4) Post.--The term ``Post'' means the Veterans of Foreign Wars 
    Post 5699.
        (5) Secretary.--The term ``Secretary'' means the Secretary of 
    the Interior, acting through the Director of the National Park 
    Service.
SEC. 3. GULF ISLANDS NATIONAL SEASHORE LAND EXCHANGE.
    (a) In General.--The Secretary may convey to the Post all right, 
title, and interest of the United States in and to the Federal land in 
exchange for the conveyance by the Post to the Secretary of all right, 
title, and interest of the Post in and to the non-Federal land.
    (b) Equal Value Exchange.--
        (1) In general.--The values of the Federal land and non-Federal 
    land to be exchanged under this section shall be equal, as 
    determined by an appraisal conducted--
            (A) by a qualified and independent appraiser; and
            (B) in accordance with nationally recognized appraisal 
        standards.
        (2) Equalization.--If the values of the Federal land and non-
    Federal land to be exchanged under this section are not equal, the 
    values shall be equalized through--
            (A) a cash payment; or
            (B) adjustments to the acreage of the Federal land or non-
        Federal land to be exchanged, as applicable.
    (c) Payment of Costs of Conveyance.--
        (1) Payment required.--As a condition of the exchange 
    authorized under this section, the Secretary shall require the Post 
    to pay the costs to be incurred by the Secretary, or to reimburse 
    the Secretary for the costs incurred by the Secretary, to carry out 
    the exchange, including--
            (A) survey costs;
            (B) any costs relating to environmental documentation; and
            (C) any other administrative costs relating to the land 
        exchange.
        (2) Refund.--If the Secretary collects amounts from the Post 
    under paragraph (1) before the Secretary incurs the actual costs 
    and the amount collected by the Secretary exceeds the costs 
    actually incurred by the Secretary to carry out the land exchange 
    under this section, the Secretary shall provide to the Post a 
    refund of the excess amount paid by the Post.
        (3) Treatment of certain amounts received.--Amounts received by 
    the Secretary from the Post as reimbursement for costs incurred 
    under paragraph (1) shall be--
            (A) credited to the fund or account from which amounts were 
        used to pay the costs incurred by the Secretary in carrying out 
        the land exchange;
            (B) merged with amounts in the fund or account to which the 
        amounts were credited under subparagraph (A); and
            (C) available for the same purposes as, and subject to the 
        same conditions and limitations applicable to, amounts in the 
        fund or account to which the amounts were credited under 
        subparagraph (A).
    (d) Description of Federal Land and Non-Federal Land.--The exact 
acreage and legal description of the Federal land and non-Federal land 
to be exchanged under this section shall be determined by surveys that 
are determined to be satisfactory by the Secretary and the Post.
    (e) Conveyance Agreement.--The exchange of Federal land and non-
Federal land under this section shall be--
        (1) carried out through a quitclaim deed or other legal 
    instrument; and
        (2) subject to such terms and conditions as are mutually 
    satisfactory to the Secretary and the Post, including such 
    additional terms and conditions as the Secretary considers to be 
    appropriate to protect the interests of the United States.
    (f) Valid Existing Rights.--The exchange of Federal land and non-
Federal land authorized under this section shall be subject to valid 
existing rights.
    (g) Title Approval.--Title to the Federal land and non-Federal land 
to be exchanged under this section shall be in a form acceptable to the 
Secretary.
    (h) Treatment of Acquired Land.--Any non-Federal land and interests 
in non-Federal land acquired by the United States under this section 
shall be administered by the Secretary as part of the Gulf Islands 
National Seashore.
    (i) Modification of Boundary.--On completion of the exchange of 
Federal land and non-Federal land under this section, the Secretary 
shall modify the boundary of the Gulf Islands National Seashore to 
reflect the exchange of Federal land and non-Federal land.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.
.  Gulf Islands National Seashore Land Exchange Act of 2017  (Sec. 2) This bill authorizes the National Park Service (NPS) to convey specified federal lands located within the Gulf Islands National Seashore in Jackson County, Mississippi, to the Veterans of Foreign Wars Post 5699 in exchange for certain land located in such county.  The values of the parcels to be exchanged shall be determined by an independent appraiser in accordance with nationally recognized appraisal standards. If the values of such parcels are not equal, their values shall be equalized through a cash payment or adjustments to their acreage.  The NPS shall require the Post to pay or reimburse the costs incurred by the NPS to carry out such exchange. The bill subjects the exchange to valid existing rights. Land acquired by the United States under this bill shall be administered as part of the Gulf Islands National Seashore. 
Gulf Islands National Seashore Land Exchange Act of 2017