Conveyance to State of Montana.

Sec. 503. Conveyance to State of Montana. (a) Conveyance Requirement.—Not later than January 1, 2001, but not prior to 111 STAT. 1617180 days after the enactment of this Act, the Secretary of the Interior shall convey to the State of Montana, without consideration, all right, title, and interest of the United States in and to— (1) $10,000,000 in Federal mineral rights in the State of Montana agreed to by the Secretary of the Interior and the Governor of Montana through negotiations in accordance with subsection (b); or (2) all Federal mineral rights in the tracts in Montana depicted as Otter Creek number 1, 2, and 3 on the map entitled “Ashland Map”. (b) Negotiations.—The Secretary of the Interior shall promptly enter into negotiations with the Governor of Montana for purposes of subsection (a)(1) to determine and agree to mineral rights owned by the United States having a fair market value of $10,000,000. (c) Federal Law Not Applicable to Conveyance.—Any conveyance under subsection (a) shall not be subject to the Mineral Leasing Act (30 U.S.C. 181 et seq.). (d) Availability of Map.—The Secretary of the Interior shall keep the map referred to in subsection (a)(2) on file and available for public inspection in appropriate offices of the Department of the Interior located in the District of Columbia and Billings, Montana, until January 1, 2001. (e) Conveyance Dependent Upon Acquisition.—No conveyance pursuant to subsection (a) shall take place unless the acquisition authorized in section 502(a) is executed.