SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Martin’s Cove Land
Transfer Act’’.
SEC. 2. CONVEYANCE TO THE CORPORATION OF THE PRE-
SIDING BISHOP.
(a) CONVEYANCE REQUIRED.—Notwithstanding the
Federal Land Policy and Management Act of 1976 (43
U.S.C. 1701 et seq.), the Secretary of the Interior (here-
after in this section referred to as the ‘‘Secretary’’) shall
offer to convey to the Corporation of the Presiding Bishop,
all right, title, and interest of the United States in and
to the public lands identified for disposition on the map
entitled ‘‘Martin’s Cove Land Transfer Act’’ numbered
MC/0002, and dated May 17, 2002, for the purpose of
public education, historic preservation, and the enhanced
recreational enjoyment of the public. Such map shall be
on file and available for public inspection in the offices
of the Director of the Bureau of Land Management and
the Lander District of the Bureau of Land Management.
(b) CONSIDERATION.—
(1) IN GENERAL.—The Corporation of the Pre-
siding Bishop shall pay to the United States an
amount equal to the historic fair market value of the
property conveyed under this section, including any
improvements to that property.
(2) 
DETERMINATION
OF
FAIR
MARKET
VALUE.—Not later than 90 days after the date of
the enactment of this Act, the Secretary shall deter-
mine the historic fair market value of the property
conveyed under this section, including any improve-
ments to the property.
(c) ACCESS AGREEMENT.—Not later than 180 days
after the date of the enactment of this Act, the Secretary
and the Corporation of the Presiding Bishop shall enter
into an agreement, binding on any successor or assignee,
that ensures that the property conveyed shall, consistent
with the historic purposes of the site—
(1) be available in perpetuity for public edu-
cation and historic preservation; and
(2) provide to the public, in perpetuity and
without charge, access to the property conveyed.
(d) RIGHT OF FIRST REFUSAL.—As a condition of
any conveyance under this section, the Secretary shall re-
quire that the Church of Jesus Christ of Latter Day
Saints and its current or future affiliated corporations
grant the United States a right of first refusal to acquire
all right, title, and interest in and to the property conveyed
under this section, at historic fair market value, if the
Church of Jesus Christ of Latter Day Saints or any of
its current or future affiliated corporations seeks to dis-
pose of any right, title, or interest in or to the property.
(e) DISPOSITION OF PROCEEDS.—Proceeds of this
conveyance shall be used exclusively by the National His-
toric Trails Interpretive Center Foundation, Inc., a non-
profit corporation located in Casper, Wyoming, for the sole
purpose of advancing the public understanding and enjoy-
ment of the National Historic Trails System in accordance
with subsection (f).
(f) USE OF PROCEEDS.—Funds shall be used by the
Foundation only for the following purposes and according
to the following priority:
(1) To complete the construction of the exhibits
connected with the opening of the National Historic
Trails Center scheduled for August 2002.
(2) To maintain, acquire, and further enhance
the exhibits, artistic representations, historic arti-
facts, and grounds of the Center.
(g) NO PRECEDENT SET.—This Act does not set a
precedent for the resolution of land sales between or
among private entities and the United States.
Passed the House of Representatives June 17, 2002.
Attest:
Clerk.