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SECTION 1. SHORT TITLE.

This Act may be cited as the ''Bisti PRLA Dispute Resolution Act''.

SEC. 2. PURPOSES.

It is the purpose of this Act to--
(1) resolve a conflict among the Navajo Nation, the Bureau
of Land Management and a coal preference right lease applicant
that is preventing the conveyance of certain public land
selected by the Navajo Nation in 1981 in northwestern New
Mexico under section 11 of Public Law 93-531 (25 U.S.C. 640d-
10);
(2) permit the Navajo Nation to use the selected lands
described in paragraph (1) in the manner provided for in
subsection (h) of such section 11 (25 U.S.C. 640d-10(h)),
either as the site of relocation of Navajo families residing on
Hopi-partitioned lands in Arizona, or as the site of commercial
use and development to generate revenue for the benefit of
those relocatees;
(3) resolve a conflict among members of the Navajo Nation
who hold interests in allotments on such lands, the Bureau of
Land Management and a coal preference right lease applicant
that was the subject of litigation in the United States
District Court for the District of New Mexico in Mescal. et al.
v. United States et al. (Civil No. 83-1408 LH/WWH), consistent
with the provisions of the settlement agreement of October 1,
1996 among the parties by which the case was resolved;
(4) resolve conflicts over the management of public lands
that have evaded resolution since shortly after coal
prospecting permits were first issued in 1967; and
(5) resolve such conflicts in a manner that--
(A) does not violate a coal lease applicant's valid
existing rights as protected by section 2(b) of the Act
of February 25, 1920 (commonly known as the Mineral
Leasing Act (30 U.S.C. 201(b))) and related laws; and
(B) recognizes the reasonable value of such rights
as established by discounted cash flow appraisal
methods during the adjudication of the coal preference
right lease applications.

SEC. 3. EXCHANGE AUTHORIZATION AND DIRECTION.

(a) In General.--Notwithstanding any other provision of law, the
Secretary of the Interior, acting through the Bureau of Land
Management, shall, upon the relinquishment by the holder or holders
thereof of coal preference right lease applications captioned NMNM
3752, NMNM 3753, NMNM 3754, NMNM 3755, NMNM 3835, NMNM 3837, NMNM 3918,
NMNM 3919, NMNM 6802, NMNM 7235 and NMNM 8745, issue to each such
holder or holders a Certificate of Bidding Rights (in such form and
manner as provided for under regulations promulgated by the Secretary
under the coal leasing provisions of the Act of February 25, 1920
(commonly known as the Mineral Leasing Act (30 U.S.C. 181 et seq.)))
that constitutes the fair market value, as determined under section 4,
of the relinquished coal preference right lease application involved.
Such relinquishment shall be effective upon issuance of the Certificate
of Bidding Rights.
(b) No Adjudication.--The relinquishments and issuances required
under subsection (a) shall occur without any further adjudication of
the coal preference right lease applications by the Secretary of the
Interior.

SEC. 4. METHOD FOR DETERMINING FAIR MARKET VALUE.

(a) In General.--Notwithstanding any other provision of law, the
provisions of this section shall apply to the issuance of a Certificate
of Bidding Rights under section 3.
(b) Issuance.--Not later than 90 days after the date on which fair
market value is determined under subsection (c) with respect to a
preference right lease application to which this section applies, the
Secretary of the Interior shall issue a Certificate of Bidding Rights
for such application and notify Congress of such action.
(c) Fair Market Value.--
(1) In general.--The fair market value of a preference
right lease application to which this section applies shall be
determined by the Secretary of the Interior based on the
recommendations of a panel appointed under paragraph (2).
(2) Panel.--A panel under this paragraph shall be composed
of 4 representatives--
(A) one representative to be appointed by the
Secretary of the Interior;
(B) one representative to be appointed by the
holder of the preference right lease application
involved;
(C) one representative to be appointed by the chief
executive officer of Wyoming; and
(D) one representative to be appointed by the chief
executive officer of New Mexico.
(3) Evidence.--Evidence of the fair market value of a
preference right lease application that may be considered by a
panel under this subsection shall be evidence of the same
nature as the evidence that is considered by the Bureau of Land
Management in determining whether a holder of a preference
right lease application has met the legal test established in
regulations promulgated by the Secretary of the Interior for
determining whether the holder has made a valuable discovery of
coal in commercial quantities.
(4) Supplemental information.--In determining the fair
market value of a coal reserve for purposes of paragraph (3),
the panel may supplement information derived under such
paragraph with testimony from witnesses or by affidavit, as the
panel determines appropriate.

SEC. 5. ISSUANCE OF PATENTS TO RELINQUISHED PREFERENCE RIGHT LEASE
APPLICATIONS.

(a) In General.--Notwithstanding any other provision of law, the
Secretary of the Interior, acting through the Bureau of Land
Management, shall--
(1) not later than July 15, 2000, verify the selections of
lands made by the Navajo Nation pursuant to section 11 of
Public Law 93-531 (25 U.S.C. 640d-10); and
(2) not later than 30 days after the relinquishment and
issuance of bidding rights under section 3, issue patents to
the Navajo Nation as provided for by law.
(b) Enforcement.--The duties imposed on the Secretary of the
Interior under this section shall be considered nondiscretionary and
enforceable in a mandamus proceeding brought under section 1361 of
title 28, United States Code.

SEC. 6. USE OF EXCHANGE BIDDING RIGHTS.

(a) In General.--Notwithstanding any other provision of law--
(1) a Certificate of Bidding Rights issued by the Secretary
of the Interior under section 3 shall, subject to such
procedures as the Secretary may establish pertaining to notice
of transfer and accountings of holders and their balances, be
transferable by the holder or holders thereof in whole or in
part;
(2) a Certificate of Bidding Rights issued by the Secretary
of the Interior under section 3 shall constitute a monetary
credit that, subject to paragraph (3), may be applied, at the
election of the holder or holders thereof, against rentals,
advance royalties, or production royalties payable to the
Secretary under Federal coal leases, as well as against bonus
payments payable to the Secretary in the issuance of a Federal
coal lease or Federal coal lease modification under the coal
leasing provisions of the Act of February 25, 1920 (commonly
known as the Mineral Leasing Act (30 U.S.C. 181 et seq.)); and
(3) whenever any Certificate of Bidding Rights issued by
the Secretary of the Interior under section 3 is applied by the
holder or holders thereof as a monetary credit against a
payment obligation under a Federal coal lease, the holder or
holders may apply such bidding rights only against 50 percent
of the amount payable under such lease, and shall pay the
remaining 50 percent as provided for under the lease in cash or
its equivalent.
(b) Payment Under Lease Obligations.--Any payment of a Federal coal
lease obligation by the holder or holders of a Certificate of Bidding
Rights issued by the Secretary of the Interior under section 3 shall be
treated as money received under section 35 of the Act of February 25,
1920 (commonly known as the Mineral Leasing Act (30 U.S.C. 191)), but
shall only be credited and redistributed by the Secretary as follows:
(1) Fifty percent of the amount paid in cash or its
equivalent shall be fully redistributed to the State in which
the lease is located and be treated as a 50 percent
redistribution under such section 35.
(2) Fifty percent of the amount paid through a crediting of
the bidding rights involved shall be treated as a payment that
is subject to redistribution under such section 35 to the
Reclamation and Miscellaneous Receipts accounts in the
Treasury.
Output:
Directs the Secretary: (1) no later than July 15, 2000, to verify the selection of current Bureau of Land Management lands in New Mexico made by the Navajo Indian Nation pursuant to a resettlement plan for the Navajo Tribe; and (2) within 30 days thereafter, to issue patents to the Navajo Nation to the relinquished coal preference rights.