Detailed Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Q: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Federal Land Acquisition Impact
Relief Act of 1993.

SEC. 2. FINDINGS.

Congress finds that--
(1) land that is held by agencies of the Federal Government
does not fully contribute to the tax base of overburdened units
of local government;
(2) further acquisitions of private lands by Federal
agencies have the potential to impose severe hardships on units
of local government; and
(3) when it is clearly in the national interest for the
Federal Government to acquire private lands, other than by a
contemporaneous exchange involving Federal land, Federal
agencies should minimize the impact of Federal acquisition on
units of local government.

SEC. 3. DECLARATION OF POLICY.

It is the policy of Congress that--
(1) Federal agencies should not acquire private land, other
than by exchange, unless the acquisition is clearly in the
national interest;
(2) the acquisition of private land by a Federal agency
should be based on a careful analysis of the full range of the
benefits and costs of Federal acquisition; and
(3) the acquisition of private land by a Federal agency
should not result in a net loss of local tax revenues to the
relevant unit of local government.

SEC. 4. DEFINITIONS.

As used in this Act:
(1) Agency.--The term ''agency'' has the same meaning as is
provided for ''Executive agency'' in section 105 of title 5,
United States Code.
(2) Unit of local government.--The term ''unit of local
government'' means--
(A) any county, municipality, or other political
subdivision of a State, having authority under the laws
of the State to levy and collect taxes upon real
property; or
(B) the District of Columbia.
(3) Real property taxes.--The term ''real property taxes''
means all taxes, whether ad valorem or otherwise, applicable
with respect to real property, including special assessments,
assessments for benefit, or other charges of general
application against land in favor of a State or local
governmental unit.
(4) State.--The term ''State'' means any of the several
States, the Commonwealth of Puerto Rico, the Commonwealth of
the Northern Mariana Islands, or any territory and possession
of the United States.

SEC. 5. ECONOMIC IMPACT ANALYSIS.

(a) In General.--Prior to each acquisition of private land by an
agency, the head of the agency shall prepare an economic impact
analysis in accordance with this section.
(b) Contents.--In preparing the economic impact analysis, the head
of the agency shall, at a minimum, analyze--
(1) the extent to which alternative means to Federal
acquisition are available to serve the Federal resource
management objectives at issue;
(2) any tax payment loss to the relevant unit of local
government;
(3) the effects of the tax payment loss on the delivery of
governmental services by the unit;
(4) the effects on local employment and income; and
(5) any potential limitations that the Federal acquisition
would pose for future community expansion.
(c) Consultation.--The agency shall consult with the relevant unit
of local government during the preparation of the economic impact
analysis.
(d) Notice and Comment.--The agency shall provide an opportunity
for notice and comment in connection with the preparation of the
economic impact analysis.

SEC. 6. TAX EQUIVALENCY PAYMENTS.

(a) In General.--
(1) In general.--For each parcel of private land acquired
by an agency after October 1, 1992, other than by
contemporaneous land exchange, the head of the agency shall pay
annually to the unit of local government in which the parcel is
located an amount equal to the real property taxes computed on
the current market value of the parcel, as determined in
accordance with paragraph (2).
(2) Current market value.--
(A) Initial value.--The initial current market
value of a parcel shall be equal to the purchase price
per acre multiplied by the number of acres acquired by
the Federal Government.
(B) Adjustments.--The unit of local government may
adjust the current market value of a parcel to reflect
adjustments in the current market value of other lands
within the jurisdiction.
(3) Special formulas.--In computing a tax equivalency
payment under this subsection, special farm or forest use
formulas, which may vary from State to State, shall not be
applied to the value of the parcel.
(b) Failure to Pay.--If for any reason the head of an agency fails
to make a payment required under subsection (a), the unit of local
government may file a civil action against the agency, and a district
court of the United States shall have jurisdiction to enforce this
section.

SEC. 7. EFFECT OF OTHER LAWS.

If for any fiscal year a payment described in section 6(a) is made
to a State or unit of local government with respect to a parcel of land
described in section 6(a)(1), such payment shall be reduced in
proportion to the payment in lieu of real property taxes, if any, which
is made with respect to the same parcel of land under any other Federal
law.

SEC. 8. AUTHORIZATION OF APPROPRIATIONS.

In each fiscal year, there are authorized to be appropriated to
each agency such sums as are necessary to carry out this Act.

SEC. 9. EFFECTIVE DATE.

This Act shall become effective on October 1, 1994.
A:
Federal Land Acquisition Impact Relief Act of 1993 - Requires the head of an agency to prepare an economic impact analysis prior to each agency acquisition of private land.
Directs the agency head to pay annually to the pertinent local government an amount equal to the real property taxes computed on the current market value of each parcel of private land acquired by it after October 1, 1992, other than by contemporaneous land exchange.
States that if such payment is made to a State or local government with respect to a parcel of land under this Act, the payment shall be reduced in proportion to the payment in lieu of real property taxes, if any, which is made relating to the same parcel of land under any other Federal law.
Authorizes appropriations.