TRANSFER OF INVENTORY LANDS.

SEC. 616. TRANSFER OF INVENTORY LANDS. Subtitle D (7 U.S.C. 1981 et seq.) is amended by adding after the section added by section 615(a) of this Act the following new section: “SEC. 354. TRANSFER OF INVENTORY LANDS. “The Secretary, without reimbursement, may transfer to any Federal or State agency, for conservation purposes any real property, or interest therein, administered by the Secretary under this Act— “(1) with respect to which the rights of all prior owners and operators have expired; “(2) that is determined by the Secretary to be suitable or surplus; and “(3) that— “(A) has marginal value for agricultural production; “(B) is environmentally sensitive; or “(C) has special management importance.”.