Pub. L. 108-108, tit. III, sec. 339

Sec. 339. (a) In General.—The Secretary of Agriculture may cancel, with the consent of the timber purchaser, a maximum of 70 contracts for the sale of timber awarded between October 1, 1995 and January 1, 2002 on the Tongass National Forest in Alaska if—(1) the Secretary determines, in the Secretary’s sole discretion, that the sale would result in a financial loss to the purchaser and the costs to the government of seeking a legal remedy against the purchaser would likely exceed the cost of terminating the contract; and(2) the timber purchaser agrees to—(A) terminate its rights under the contract; and(B) release the United States from all liability, including further consideration or compensation resulting from such cancellation.(b) Effect of Cancellation.—(1) In general.—The United States shall not surrender any claim against a timber purchaser that arose under a contract before cancellation under this section not in connection with the cancellation.(2) Limitation.—Cancellation of a contract under this section shall release the timber purchaser from liability for any damages resulting from cancellation of such contract.(c) Timber Available for Resale.—Timber included in a contract cancelled under this section shall be available for resale by the Secretary of Agriculture.117 STAT. 1315