A bill to provide for the conveyance by the Secretary of Agriculture of the Sandpoint Federal Building and adjacent land in Sandpoint, Idaho, and for other purposes.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Sandpoint Land and Facilities 
Conveyance Act of 2003''.

SEC. 2. CONVEYANCE OF SANDPOINT FEDERAL BUILDING AND ADJACENT LAND, 
              SANDPOINT, IDAHO.

    (a) Transfer of Administrative Jurisdiction.--Not later than 30 
days after the date of the enactment of this Act, the Administrator of 
General Services shall transfer to the Secretary of Agriculture, 
without reimbursement, administrative jurisdiction over the Sandpoint 
Federal Building and approximately 3.17 acres of land in Sandpoint, 
Idaho, as depicted on the map entitled ``Sandpoint Federal Building,'' 
dated September 12, 2002, on file in the Office of the Chief of the 
Forest Service and the Office of the Supervisor, Idaho National 
Panhandle Forest, Coeur d'Alene, Idaho.
    (b) Assumption and Repayment of Debt.--As of the date on which 
administrative jurisdiction of the property is transferred under 
subsection (a), the Secretary shall assume the obligation of the 
Administrator of General Services to repay to the Federal Finance Bank 
the debt incurred with respect to the transferred property. The 
Secretary may repay the debt using--
            (1) the proceeds of the conveyance of the property under 
        this section;
            (2) amounts appropriated to the Forest Service for the 
        rental, upkeep, and maintenance of facilities; and
            (3) any other unobligated appropriated amounts available to 
        the Secretary.
    (c) Conveyance of Property.--
            (1) Conveyance authorized.--The Secretary may convey, by 
        quitclaim deed, all right, title, and interest of the United 
        States in and to the property transferred to the Secretary 
        under subsection (a). The conveyance may be made by sale or by 
        exchange.
            (2) Solicitations of offers.--The Secretary may solicit 
        offers for the conveyance of the property under this section on 
        such terms and conditions as the Secretary may prescribe. The 
        Secretary may reject any offer made under this section if the 
        Secretary determines that the offer is not adequate or not in 
        the public interest.
    (d) Consideration.--
            (1) Conditions of sale.--If the property is conveyed under 
        subsection (c) by sale, the purchaser shall pay to the 
        Secretary an amount equal to the fair market value of the 
        property as determined under paragraph (3). At the election of 
        the Secretary, the consideration may be in the form of cash or 
        other consideration, including the construction of 
        administrative facilities for the National Forest System in 
        Bonner County, Idaho.
            (2) Conditions of exchange.--If the property is conveyed in 
        exchange for construction of administrative facilities, the 
        conveyance shall be subject to--
                    (A) construction of the administrative facilities 
                in accordance with terms or conditions that the 
                Secretary may prescribe, including final building 
                design and costs;
                    (B) completion of the administrative facilities in 
                a manner satisfactory to the Secretary;
                    (C) the condition that the exchange be an equal 
                value exchange, or if the value of the property and the 
                administrative facilities are not equal, as determined 
                under paragraph (3), that the values be equalized in 
                accordance with paragraph (4); and
                    (D) any requirements of the Secretary that the 
                entity acquiring the property assume any outstanding 
                indebtedness on the property to the Federal Finance 
                Bank.
            (3) Valuation.--The value of the property to be conveyed 
        under subsection (c), and the value of any administrative 
        facilities in exchange for the property, shall be determined by 
        an appraisal that conforms to the Uniform Appraisal Standards 
        for Federal Land Acquisitions and is acceptable to the 
        Secretary.
            (4) Equalization of values.--Notwithstanding any other 
        provision of law, the Secretary may accept a cash equalization 
        payment in excess of 25 percent of the value of the property 
        conveyed under subsection (c).

SEC. 3. DISPOSITION OF FUNDS.

    (a) Deposit of Proceeds.--The Secretary shall deposit the proceeds 
derived for the conveyance of the property under this section in the 
fund established by Public Law 90-171 (commonly known as the ``Sisk 
Act''; 16 U.S.C. 484a).
    (b) Use of Proceeds.--Amounts deposited under subsection (a) shall 
be available to the Secretary, without further appropriation and until 
expended, for--
            (1) the acquisition, construction, or improvement of 
        administrative facilities and associated land; and
            (2) the acquisition of land and interests in land for 
        addition to the National Forest System in the Northern Region 
        of the Forest Service in the State of Idaho.
    (c) Limitations.--Funds deposited under subsection (a) shall not be 
paid or distributed to States or counties under any provision of law, 
or otherwise considered moneys received from units of the National 
Forest System for purposes of--
            (1) the Act of May 23, 1908 (16 U.S.C. 500);
            (2) section 13 of the Act of March 1, 1911 (16 U.S.C. 500, 
        commonly known as the ``Weeks Law''); or
            (3) the Act of March 4, 1913 (16 U.S.C. 501).
    (d) Management of Lands Acquired by the United States.--Subject to 
valid existing rights, the Secretary shall manage any land acquired 
under this Act, in accordance with the Act of March 1, 1911 (16 U.S.C. 
480 et seq., commonly known as the ``Weeks Law'') and other laws 
relating to the National Forest System.
    (e) Applicable Law.--Except as otherwise provided in this section, 
the conveyance of property under this section shall be subject to the 
laws applicable to conveyances of National Forest System land. Part 
1955 of title 7, Code
of Federal Regulations, shall not apply to any action carried out under 
this section.

            Passed the Senate November 24, 2003.

            Attest:

                                             EMILY J. REYNOLDS,

                                                             Secretary.

Summary: Sandpoint Land and Facilities Conveyance Act of 2003 - Directs the Administrator of General Services to transfer to the Secretary of Agriculture jurisdiction over certain land in Sandpoint, Idaho, with the Secretary assuming the obligation of the Administrator to repay to the Federal Finance Bank the debt incurred with respect to the property.

Permits the Secretary to convey such property by: (1) sale for fair market value in the form of cash or other consideration; or (2) exchange for construction of administrative facilities for the National Forest System (NFS) in Bonner County, Idaho, and a cash equalization payment, if necessary. Requires a recipient to assume any outstanding indebtedness on the property to the Federal Finance Bank. Directs the Secretary to use proceeds from the sale of the property for: (1) the acquisition, construction, or improvement of administrative facilities and associated land; and (2) the acquisition of land for addition to the NFS in the Northern Region of the Forest Service in Idaho. Requires the Secretary to manage any land acquired under this Act in accordance with the Weeks Act and other laws relating to the NFS.