SECTION 1. DEFINITIONS. 
In this Act: 
(1) FEDERAL LAND.—The term ‘‘Federal land’’ 
means the approximately 5 acres of National Forest 
System land in Santa Barbara County, California, 
as generally depicted on the map. 
(2) FOUNDATION.—The term ‘‘Foundation’’ 
means the White Lotus Foundation, a nonprofit 
foundation located in Santa Barbara, California. 
(3) MAP.—The term ‘‘map’’ means the map en-
titled ‘‘San Marcos Pass Encroachment for Consid-
eration of Legislative Remedy’’ and dated June 1, 
2009. 
(4) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Agriculture. 
SEC. 2. LAND CONVEYANCE. 
(a) IN GENERAL.—Subject to the provisions of this 
section, if the Foundation offers to convey to the Secretary 
all right, title, and interest of the Foundation in and to 
a parcel of non-Federal land that is acceptable to the Sec-
retary— 
(1) the Secretary shall accept the offer; and 
(2) on receipt of acceptable title to the non- 
Federal land, the Secretary shall convey to the 
Foundation all right, title, and interest of the United 
States in and to the Federal land.
(b) APPLICABLE LAW.—The land exchange author-
ized under subsection (a) shall be subject to section 206 
of the Federal Land Policy and Management Act of 1976 
(43 U.S.C. 1716). 
(c) TIME FOR COMPLETION OF LAND EXCHANGE.— 
It is the intent of Congress that the land exchange under 
subsection (a) shall be completed not later than 2 years 
after the date of enactment of this Act. 
(d) AUTHORITY OF SECRETARY TO CONDUCT SALE 
OF FEDERAL LAND.—If the land exchange under sub-
section (a) is not completed by the date that is 2 years 
after the date of enactment of this Act, the Secretary may 
offer to sell to the Foundation the Federal land for fair 
market value. 
(e) ADDITIONAL TERMS
AND CONDITIONS.—The 
land exchange under subsection (a) and any sale under 
subsection (d) shall be subject to— 
(1) valid existing rights; 
(2) the Secretary finding that the public inter-
est would be well served by making the exchange or 
sale; 
(3) any terms and conditions that the Secretary 
may require; and 
(4) the Foundation paying the reasonable costs 
of any surveys, appraisals, and any other adminis-
trative costs associated with the land exchange or 
sale. 
(f) APPRAISALS.— 
(1) IN
GENERAL.—The land conveyed under 
subsection (a) or (d) shall be appraised by an inde-
pendent appraiser selected by the Secretary. 
(2) REQUIREMENTS.—An appraisal under para-
graph (1) shall be conducted in accordance with na-
tionally recognized appraisal standards, including— 
(A) the Uniform Appraisal Standards for 
Federal Land Acquisitions; and 
(B) the Uniform Standards of Professional 
Appraisal Practice. 
(g) MANAGEMENT
AND
STATUS
OF
ACQUIRED 
LAND.—Any non-Federal land acquired by the Secretary 
under this Act shall be managed by the Secretary in ac-
cordance with— 
(1) the Act of March 1, 1911 (commonly known 
as the ‘‘Weeks Law’’) (16 U.S.C. 480 et seq.); and
(2) any laws (including regulations) applicable 
to the National Forest System. 
Passed the House of Representatives June 5, 2012. 
Attest: 
Clerk.
112TH CONGRESS 
2D SESSION 
H. R. 241 
AN ACT 
To authorize the conveyance of certain National 
Forest System lands in the Los Padres National 
Forest in California.