To authorize the Commandant of the Coast Guard to convey the real property comprising Coast Guard Light Station Two Harbors, located in Lake County, Minnesota, to the Lake County Historical Society.

SECTION 1. CONVEYANCE OF TWO HARBORS LIGHTHOUSE, MINNESOTA.

    (a) Authority To Convey.--
            (1) In general.--Subject to subsection (b), the Commandant 
        of the Coast Guard may convey, by an appropriate means of 
        conveyance, all right, title, and interest of the United States 
        in and to the real property comprising the Coast Guard Light 
        Station Two Harbors, located in Lake County, Minnesota, to the 
        Lake County Historical Society.
            (2) Identification of property.--The Commandant may 
        identify, define, describe, and determine the real property to 
        be conveyed under this section.
            (3) Historical artifacts.--Any historical artifact, 
        including any lens or lantern, located on or associated with 
        the real property conveyed at or before the time of the 
        conveyance, shall remain the personal property of the United 
        States.
    (b) Terms and Conditions of Conveyance.--
            (1) In general.--Any conveyance of real property under this 
        section shall be made--
                    (A) without payment of consideration; and
                    (B) subject to the terms and conditions the 
                Commandant considers appropriate to protect the 
                interests of the United States, including the 
                reservation of easements or other rights on behalf of 
                the United States.
            (2) Maintenance of navigation functions.--Any conveyance of 
        real property under this section shall be made subject to the 
        terms and conditions that the Commandant considers necessary to 
        assure that--
                    (A) any active aid to navigation located on the 
                real property conveyed shall remain the personal 
                property of the United States, and shall continue to be 
                operated and maintained by the United States for as 
                long as it is needed for this purpose;
                    (B) the Lake County Historical Society shall not in 
                any manner interfere with, or allow interference with, 
                any aid to navigation without express written 
                permission from the Commandant; and
                    (C) there is reserved to the United States the 
                right to--
                            (i) operate, maintain, install, improve, 
                        relocate, replace, or remove any aid to 
                        navigation located on the real property 
                        conveyed;
                            (ii) make any changes to the real property 
                        conveyed as may be necessary for navigational 
                        purposes; and
                            (iii) enter the real property conveyed at 
                        any time, without notice, for the purpose of 
                        exercising any of the rights reserved under 
                        this subparagraph.
            (3) Obligation limitation.--The Lake County Historical 
        Society is not required by this section to maintain any active 
        aid to navigation.
            (4) Historic preservation.--The Lake County Historical 
        Society shall maintain the real property conveyed under this 
        section in accordance with the National Historic Preservation 
        Act of 1966 (16 U.S.C. 470 et seq.) and the regulations 
        promulgated under that Act.
            (5) Maintenance standard.--The Lake County Historical 
        Society shall maintain the real property conveyed under this 
        section, including any improvements, at its own cost and 
        expense, in a proper, substantial, and workmanlike manner.
            (6) Reversionary interest.--In addition to any term or 
        condition established under this section, the conveyance of 
        real property under this subsection shall be subject to the 
        condition that all right, title, and interest in the real 
        property conveyed under this section shall immediately revert 
        to the United States, and be placed under the administrative 
        control of the Administrator of General Services, if--
                    (A) the real property conveyed, or any part 
                thereof--
                            (i) ceases to be used as a nonprofit center 
                        for the interpretation and preservation of 
                        maritime history;
                            (ii) ceases to be maintained in a manner 
                        that ensures its present or future use as a 
                        site for aids to navigation; or
                            (iii) ceases to be maintained in a manner 
                        consistent with the provisions of the National 
                        Historic Preservation Act of 1966 (16 U.S.C. 
                        470 et seq.), or the regulations promulgated 
                        under that Act; or
                    (B) at least 30 days before that reversion the 
                Commandant provides written notice to Lake County 
                Historical Society that the real property conveyed is 
                needed for national security purposes.
    (c) Definitions.--As used in this section--
            (1) the term ``aid to navigation'' means equipment used for 
        navigation purposes, including any light, antenna, sound 
        signal, or other associated lighthouse equipment; and
            (2) the term ``Lake County Historical Society'' means the 
        Lake County Historical Society (a nonprofit corporation 
        established under the laws of the State of Minnesota), its 
        parent organization or subsidiary, if any, and its successors 
        and assigns.

Summary: Authorizes the Commandant of the Coast Guard to convey all right, title, and interest of the United States in the Coast Guard Light Station Two Harbors, located in Lake County, Minnesota, to the Lake County Historical Society.  Subjects such conveyance to the condition that the station maintain its U.S.-operated navigational functions.