Pub. L. 105-277, div. C, tit. X, sec. 1001

FINDINGS.

EnactedYear: 1998Length: 163 wordsOfficial source
SECTION 1001. FINDINGS. Congress finds that the conveyance of the properties described in section 4(b) to the lessees of those properties for fair market value would have the beneficial results of— (1) reducing Pick-Sloan project debt for the Canyon Ferry Unit; (2) providing a permanent source of funding to acquire publicly accessible land and interests in land, including easements and conservation easements, in the State from willing sellers at fair market value to— (A) restore and conserve fisheries habitat, including riparian habitat; (B) restore and conserve wildlife habitat;112 STAT. 2681–711 (C) enhance public hunting, fishing, and recreational opportunities; and (D) improve public access to public land; (3) eliminating Federal payments in lieu of taxes and associated management expenditures in connection with the Federal Government’s ownership of the properties while increasing local tax revenues from the new owners; and (4) eliminating expensive and contentious disputes between the Secretary and leaseholders while ensuring that the Federal Government receives full and fair value for the properties.