SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Crags, Colorado Land 
Exchange Act of 2015’’. 
SEC. 2. PURPOSES. 
The purposes of this Act are— 
(1) to authorize, direct, expedite, and facilitate 
the land exchange set forth herein; and 
(2) to promote enhanced public outdoor rec-
reational and natural resource conservation opportu-
nities in the Pike National Forest near Pikes Peak, 
Colorado, via acquisition of the non-Federal land 
and trail easement. 
SEC. 3. DEFINITIONS. 
In this Act: 
(1) BHI.—The term ‘‘BHI’’ means Broadmoor 
Hotel, Inc., a Colorado corporation. 
(2) FEDERAL LAND.—The term ‘‘Federal land’’ 
means all right, title, and interest of the United 
States in and to approximately 83 acres of land 
within the Pike National Forest, El Paso County, 
Colorado, together with a non-exclusive perpetual ac-
cess easement to BHI to and from such land on 
Forest Service Road 371, as generally depicted on 
the map entitled ‘‘Proposed Crags Land Exchange– 
Federal Parcel–Emerald Valley Ranch’’, dated 
March 2015.
(3) NON-FEDERAL LAND.—The term ‘‘non-Fed-
eral land’’ means the land and trail easement to be 
conveyed to the Secretary by BHI in the exchange 
and is— 
(A) approximately 320 acres of land within 
the Pike National Forest, Teller County, Colo-
rado, as generally depicted on the map entitled 
‘‘Proposed Crags Land Exchange–Non-Federal 
Parcel–Crags Property’’, dated March 2015; 
and 
(B) a permanent trail easement for the 
Barr Trail in El Paso County, Colorado, as 
generally depicted on the map entitled ‘‘Pro-
posed Crags Land Exchange–Barr Trail Ease-
ment to United States’’, dated March 2015, 
and which shall be considered as a voluntary 
donation to the United States by BHI for all 
purposes of law. 
(4) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Agriculture, unless otherwise speci-
fied. 
SEC. 4. LAND EXCHANGE. 
(a) IN GENERAL.—If BHI offers to convey to the 
Secretary all right, title, and interest of BHI in and to
the non-Federal land, the Secretary shall accept the offer 
and simultaneously convey to BHI the Federal land. 
(b) LAND TITLE.—Title to the non-Federal land con-
veyed and donated to the Secretary under this Act shall 
be acceptable to the Secretary and shall conform to the 
title approval standards of the Attorney General of the 
United States applicable to land acquisitions by the Fed-
eral Government. 
(c) PERPETUAL ACCESS EASEMENT TO BHI.—The 
nonexclusive perpetual access easement to be granted to 
BHI as shown on the map referred to in section 3(2) shall 
allow— 
(1) BHI to fully maintain, at BHI’s expense, 
and use Forest Service Road 371 from its junction 
with Forest Service Road 368 in accordance with 
historic use and maintenance patterns by BHI; and 
(2) full and continued public and administrative 
access and use of FSR 371 in accordance with the 
existing Forest Service travel management plan, or 
as such plan may be revised by the Secretary. 
(d) ROUTE AND CONDITION OF ROAD.—BHI and the 
Secretary may mutually agree to improve, relocate, recon-
struct, or otherwise alter the route and condition of all 
or portions of such road as the Secretary, in close con-
sultation with BHI, may determine advisable.
(e) EXCHANGE COSTS.—BHI shall pay for all land 
survey, appraisal, and other costs to the Secretary as may 
be necessary to process and consummate the exchange di-
rected by this Act, including reimbursement to the Sec-
retary, if the Secretary so requests, for staff time spent 
in such processing and consummation. 
SEC. 5. EQUAL VALUE EXCHANGE AND APPRAISALS. 
(a) APPRAISALS.—The values of the lands to be ex-
changed under this Act shall be determined by the Sec-
retary through appraisals performed in accordance with— 
(1) the Uniform Appraisal Standards for Fed-
eral Land Acquisitions; 
(2) the Uniform Standards of Professional Ap-
praisal Practice; 
(3) appraisal instructions issued by the Sec-
retary; and 
(4) shall be performed by an appraiser mutually 
agreed to by the Secretary and BHI. 
(b) EQUAL VALUE EXCHANGE.—The values of the 
Federal and non-Federal land parcels exchanged shall be 
equal, or if they are not equal, shall be equalized as fol-
lows: 
(1) SURPLUS OF FEDERAL LAND VALUE.—If 
the final appraised value of the Federal land exceeds 
the final appraised value of the non-Federal land
parcel identified in section 3(3)(A), BHI shall make 
a cash equalization payment to the United States as 
necessary to achieve equal value, including, if nec-
essary, an amount in excess of that authorized pur-
suant to section 206(b) of the Federal Land Policy 
and Management Act of l976 (43 U.S.C. 1716(b)). 
(2) USE
OF
FUNDS.—Any cash equalization 
moneys received by the Secretary under paragraph 
(1) shall be— 
(A) deposited in the fund established under 
Public Law 90–171 (commonly known as the 
‘‘Sisk Act’’; 16 U.S.C. 484a); and 
(B) made available to the Secretary for the 
acquisition of land or interests in land in Re-
gion 2 of the Forest Service. 
(3) SURPLUS OF NON-FEDERAL LAND VALUE.— 
If the final appraised value of the non-Federal land 
parcel identified in section 3(3)(A) exceeds the final 
appraised value of the Federal land, the United 
States shall not make a cash equalization payment 
to BHI, and surplus value of the non-Federal land 
shall be considered a donation by BHI to the United 
States for all purposes of law. 
(c) APPRAISAL EXCLUSIONS.—
(1) SPECIAL
USE
PERMIT.—The appraised 
value of the Federal land parcel shall not reflect any 
increase or diminution in value due to the special 
use permit existing on the date of the enactment of 
this Act to BHI on the parcel and improvements 
thereunder. 
(2) BARR TRAIL EASEMENT.—The Barr Trail 
easement donation identified in section 3(3)(B) shall 
not be appraised for purposes of this Act. 
SEC. 6. MISCELLANEOUS PROVISIONS. 
(a) WITHDRAWAL PROVISIONS.— 
(1) WITHDRAWAL.—Lands acquired by the Sec-
retary under this Act shall, without further action by 
the Secretary, be permanently withdrawn from all 
forms of appropriation and disposal under the public 
land laws (including the mining and mineral leasing 
laws) and the Geothermal Steam Act of 1930 (30 
U.S.C. 1001 et seq.). 
(2) WITHDRAWAL
REVOCATION.—Any public 
land order that withdraws the Federal land from ap-
propriation or disposal under a public land law shall 
be revoked to the extent necessary to permit disposal 
of the Federal land parcel to BHI. 
(3) WITHDRAWAL
OF
FEDERAL
LAND.—All 
Federal land authorized to be exchanged under this