CONVEYANCES TO THE UNIVERSITY OF ALASKA.

SEC. 302. CONVEYANCES TO THE UNIVERSITY OF ALASKA.(a) Definitions.—In this section:(1) Available state-selected land.—The term “available State-selected land” means Federal land in the State that has been selected by the State pursuant to section 6(b) of Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21), including land upon which the State has, prior to December 31, 1993, filed a future selection application under section 906(e) of the Alaska National Interest Lands Conservation Act (43 U.S.C. 1635(e)), but not conveyed or patented to the State, pursuant to Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21). (2) Inholding.—The term “inholding” means any interest in land owned by the University within—136 STAT. 5587(A) any conservation system unit (as defined in section 102 of the Alaska National Interest Lands Conservation Act (16 U.S.C. 3102)); or (B) any unit of the National Forest System in the State. (3) Secretary.—The term “Secretary” means the Secretary, acting through the Director of the Bureau of Land Management. (4) State.—The term “State” means the State of Alaska. (5) University.—The term “University” means the University of Alaska, acting through the Board of Regents. (b) Establishment.—The Secretary shall establish a program within the Bureau of Land Management—(1) to identify and convey available State-selected land to the University to support higher education in the State; and (2) to acquire, by purchase or exchange, University-owned inholdings in the State. (c) Identification of Land to Be Conveyed to the University.—(1) In general.—Not later than 4 years after the date of enactment of this Act, the State and the University may jointly identify not more than 500,000 acres of available State-selected land for inclusion in the program established under subsection (b), of which not more than 360,000 acres may be conveyed and patented to the University. (2) Technical assistance.—On the request of the State and the University, the Secretary shall provide technical assistance in the identification of available State-selected land for inclusion in the program established under subsection (b). (3) Maps.—As soon as practicable after the date on which the available State-selected land is identified under paragraph (1), the Secretary shall submit to the Committee on Energy and Natural Resources of the Senate and the Committee on Natural Resources of the House of Representatives 1 or more maps depicting the available State-selected land identified for potential conveyance to the University. (4) Conveyance.—Subject to paragraph (5), if the State and the University notify the Secretary in writing that the State and the University jointly concur with the conveyance of all or a portion of the available State-selected land identified under paragraph (1), and that the State will conditionally relinquish the selection rights of the State to the land covered by the notification on the issuance of the land being tentatively approved, and will fully relinquish those selection rights on final patent by the Secretary to the University, the Secretary shall convey the applicable identified available State-selected land to the University, subject to valid existing rights, in the same manner and subject to the same terms, conditions, and limitations as is applicable to the State under section 6(b) of Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21) and other applicable law, to be held in trust for the exclusive use and benefit of the University, to be administered in accordance with subsection (e). (5) Terms and conditions.—136 STAT. 5588 (A) Maximum acreage.—Subject to subparagraph (C), the Secretary shall convey not more than a total of 360,000 acres of available State-selected land to the University under this subsection, not to exceed the remaining entitlement of the State under section 6(b) of Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21). (B) Letters of concurrence.—For purposes of paragraph (4) and subject to the maximum acreage limitation under paragraph (1), the State and the University may submit to the Secretary 1 or more joint letters of concurrence identifying parcels of available State selected land for conveyance as a subset of the total acres to be conveyed under this subsection. (C) Acreage charged against alaska statehood act entitlement.—The acreage of land conveyed to the University under this subsection shall be charged against the remaining entitlement of the State under section 6(b) of Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21). (D) Survey costs.—In accordance with Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21), the Secretary shall be responsible for the costs of required surveys. (E) Submerged lands.—Lands beneath navigable waters (as defined in section 2 of the Submerged Lands Act (43 U.S.C. 1301)) shall not be available for conveyance to the University under the program established under subsection (b). (d) University of Alaska Inholdings.—(1) In general.—The Secretary or the Secretary of Agriculture, as appropriate, may acquire by purchase or exchange, with the consent of the University, University-owned inholdings within Federal land in the State. (2) Appraisals.—The value of the land to be exchanged or acquired under this subsection shall be determined by the Secretary or the Secretary of Agriculture, as appropriate, through appraisals conducted—(A) in accordance with—(i) the Uniform Appraisal Standards for Federal Land Acquisitions; and (ii) the Uniform Standards of Professional Appraisal Practice; and (B) by a qualified appraiser mutually agreed to by the Secretary or the Secretary of Agriculture, as appropriate, and the University. (3) Equal value exchanges.—For any land exchange entered into under this subsection, the Federal land and University-owned inholdings exchanged shall be of equal value. (4) Purchase acquisitions.—Pursuant to chapter 2003 of title 54, United States Code, amounts in the Land and Water Conservation Fund established by section 200302 of that title may be used for the purchase of University-owned inholdings within Federal land in the State under this subsection. (5) Requirement.—Any land acquired by the United States under this subsection shall be administered in accordance with 136 STAT. 5589 the laws (including regulations) applicable to the conservation system unit or unit of the National Forest System in which the land is located. (e) Administration of Conveyed or Exchanged Land.—All available State-selected land that is tentatively approved or conveyed to the University under this section, and all land or assets acquired by the University through an exchange under this section, together with the income therefrom and the proceeds from any dispositions thereof, shall be administered by the University in trust to meet the necessary expenses of higher education programs, similar to prior Federal land grants to the University. (f) State and University Participation.—Nothing in this section requires the State or the University—(1) to participate in the program established under subsection (b); or (2) to enter into sales or exchanges of University-owned inholdings under subsection (d). (g) Congressional Notification.—Not later than 90 days after the date of any conveyance and patent to the University under this section, the Secretary shall notify the Committee on Energy and Natural Resources of the Senate and the Committee on Natural Resources of the House of Representatives of the land conveyed and patented. (h) No Effect on Alaska Statehood Act Entitlement.—Except for any available State-selected land conveyed under subsection (c) and charged against the remaining entitlement of the State under section 6(b) of Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21)—(1) the operation of the program established under subsection (b) shall not diminish or alter the rights of the State to receive the entitlement of the State in any way; and (2) the State may continue to pursue the transfer of the remaining entitlement of the State under section 6(b) of Public Law 85–508 (commonly known as the “Alaska Statehood Act”) (48 U.S.C. note prec. 21) at any time.