SECTION 1. AUTHORIZATION OF EXCHANGE.
(a) CONVEYANCE.—Notwithstanding the require-
ments in the Act entitled ‘‘An Act to Consolidate National
Forest Lands’’, approved March 20, 1922 (16 U.S.C.
485), and section 206(b) of the Federal Land Policy and
Management Act of 1976 (43 U.S.C. 1716(b)) that Fed-
eral and non-Federal lands exchanged for each other must
be located within the same State, the Secretary of Agri-
culture may convey the Federal lands described in section
2(a) in exchange for the non-Federal lands described in
section 2(b) in accordance with the provisions of this Act.
(b) APPLICABILITY
OF
OTHER
PROVISIONS
OF
LAW.—Except as otherwise provided in this Act, the land
exchange authorized by this section shall be made under
the existing authorities of the Secretary.
(c) ACCEPTABILITY OF TITLE AND MANNER OF CON-
VEYANCE.—The Secretary shall not carry out the ex-
change described in subsection (a) unless the title to the
non-Federal lands to be conveyed to the United States,
and the form and procedures of conveyance, are acceptable
to the Secretary.
SEC. 2. DESCRIPTION OF LANDS TO BE EXCHANGED.
(a) FEDERAL LANDS.—The Federal lands referred to
in this Act are located in the Targhee National Forest
in Idaho, are generally depicted on the map entitled
‘‘Targhee Exchange, Idaho-Wyoming—Proposed, Federal
Land’’, dated September 1994, and are known as the
North Fork Tract.
(b) NON-FEDERAL LANDS.—The non-Federal lands
referred to in this Act are located in the Targhee National
Forest in Wyoming, are generally depicted on the map en-
titled ‘‘Non-Federal Land, Targhee Exchange, Idaho-Wy-
oming—Proposed’’, dated September 1994, and are
known as the Squirrel Meadows Tract.
(c) MAPS.—The maps referred to in subsections (a)
and (b) shall be on file and available for inspection in the
office of the Targhee National Forest in Idaho and in the
office of the Chief of the Forest Service.
SEC. 3. EQUALIZATION OF VALUES.
Prior to the exchange authorized by section 1, the
values of the Federal and non-Federal lands to be so ex-
changed shall be established by appraisals of fair market
value that shall be subject to approval by the Secretary.
The values either shall be equal or shall be equalized using
the following methods:
(1) ADJUSTMENT OF LANDS.—
(A) PORTION OF FEDERAL LANDS.—If the
Federal lands are greater in value than the
non-Federal lands, the Secretary shall reduce
the acreage of the Federal lands until the val-
ues of the Federal lands closely approximate
the values of the non-Federal lands.
(B) 
ADDITIONAL
FEDERALLY-OWNED
LANDS.—If the non-Federal lands are greater
in value than the Federal lands, the Secretary
may convey additional federally owned lands
within the Targhee National Forest up to an
amount necessary to equalize the values of the
non-Federal lands and the lands to be trans-
ferred out of Federal ownership. However, such
additional federally owned lands shall be limited
to those meeting the criteria for land exchanges
specified in the Targhee National Forest Land
and Resource Management Plan.
(2) PAYMENT OF MONEY.—The values may be
equalized by the payment of money as provided in
section 206(b) of the Federal Land Policy and Man-
agement Act of 1976 (43 U.S.C. 1716(b)).
SEC. 4. DEFINITIONS.
For purposes of this Act:
(1) The term ‘‘Federal lands’’ means the Fed-
eral lands described in section 2(a).
(2) The term ‘‘non-Federal lands’’ means the
non-Federal lands described in section 2(b).
(3) The term ‘‘Secretary’’ means the Secretary
of Agriculture.
Passed the House of Representatives March 28,
1995.
Attest:
Clerk.
104TH CONGRESS
1ST SESSION
H. R. 529
AN ACT
To authorize the exchange of National Forest Sys-
tem lands in the Targhee National Forest in
Idaho for non-Federal lands within the forest in
Wyoming.