A bill to release a Federal reversionary interest in Chester County, Tennessee, and for other purposes.

II 117TH CONGRESS 1ST SESSION S. 1199 To release a Federal reversionary interest in Chester County, Tennessee, and for other purposes. IN THE SENATE OF THE UNITED STATES APRIL 15, 2021 Mrs. BLACKBURN (for herself and Mr. HAGERTY) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry A BILL To release a Federal reversionary interest in Chester County, Tennessee, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. CHESTER COUNTY REVERSIONARY INTEREST 3 RELEASE. 4 (a) DEFINITIONS.—In this section: 5 (1) SECRETARY.—The term ‘‘Secretary’’ means 6 the Secretary of Agriculture. 7 (2) STATE.—The term ‘‘State’’ means the State 8 of Tennessee. 9 VerDate Sep 11 2014 18:42 May 07, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S1199.IS S1199 pamtmann on DSKBC07HB2PROD with BILLS 2 •S 1199 IS (3) STATE FOREST LAND.—The term ‘‘State 1 forest land’’ means the approximately 0.62-acre par- 2 cel of land in Chickasaw State Forest that is identi- 3 fied as ‘‘State Forest Land’’ on the map prepared 4 by the Forest Service entitled ‘‘State Forest Land 5 Detail Map’’ and dated December 13, 2019. 6 (4) WEBB PROPERTY.—The term ‘‘Webb prop- 7 erty’’ means the approximately 0.90-acre parcel of 8 land owned by Kirby and Leta Webb identified as 9 ‘‘Webb Property Lot 1’’ on the map entitled ‘‘Webb 10 Property Detail Map’’ and dated December 13, 11 2019. 12 (b) RELEASE OF REVERSIONARY INTEREST.— 13 (1) RELEASE.—On the transfer of ownership of 14 the Webb property to the State for inclusion in the 15 Chickasaw State Forest and the transfer of the 16 State forest land to the State or a non-State entity, 17 by request of the State, the Secretary shall release 18 to the State, without consideration, the reversionary 19 interest of the United States in and to the State for- 20 est land described in paragraph (2). 21 (2) DESCRIPTION OF REVERSIONARY INTER- 22 EST.—The reversionary interest referred to in para- 23 graph (1) is the reversionary interest of the United 24 States in and to the State forest land that— 25 VerDate Sep 11 2014 18:42 May 07, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S1199.IS S1199 pamtmann on DSKBC07HB2PROD with BILLS 3 •S 1199 IS (A) requires that the State forest land be 1 used for public purposes; and 2 (B) is contained in a deed— 3 (i) granting from the United States to 4 the State the State forest land; 5 (ii) dated August 12, 1955; and 6 (iii) registered on pages 588 through 7 591 of book 48 of the record of deeds for 8 Chester County, Tennessee. 9 (c) SALE OF MINERAL RIGHTS.— 10 (1) IN GENERAL.—Subject to any valid existing 11 rights of third parties, as soon as practicable after 12 the date on which all actions described in subsection 13 (b)(1) have been carried out, the Secretary shall 14 offer to sell to the State the undivided mineral inter- 15 ests of the United States in and to the State forest 16 land. 17 (2) TERMS OF SALE.— 18 (A) IN GENERAL.—Not later than 180 19 days after the date of enactment of this Act, 20 the Secretary shall determine— 21 (i) the mineral character of the State 22 forest land; and 23 (ii) the market value of the mineral 24 interests referred to in paragraph (1), as 25 VerDate Sep 11 2014 18:42 May 07, 2021 Jkt 019200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S1199.IS S1199 pamtmann on DSKBC07HB2PROD with BILLS 4 •S 1199 IS determined by an appraisal conducted in 1 accordance with subparagraph (C). 2 (B) PAYMENT OF COSTS.—As a condition 3 of any sale under this subsection, the State 4 shall pay to the United States— 5 (i) any administrative costs incurred 6 by the United States in selling to the State 7 the mineral interests referred to in para- 8 graph (1), including the costs incurred by 9 the Secretary in making the determina- 10 tions required under subparagraph (A); 11 and 12 (ii) an amount equal to the market 13 value of the mineral interests referred to in 14 paragraph (1), as determined under sub- 15 paragraph (A)(ii). 16 (C) APPRAISAL REQUIREMENTS.—An ap- 17 praisal conducted under subparagraph (A)(ii) 18 shall be— 19 (i) consistent with the Uniform Ap- 20 praisal Standards for Federal Land Acqui- 21 sitions and the Uniform Standards of Pro- 22 fessional Appraisal Practice; and 23 VerDate Sep 11 2014 18:42 May 07, 2021 Jkt 019200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\S1199.IS S1199 pamtmann on DSKBC07HB2PROD with BILLS 5 •S 1199 IS (ii) subject to the approval of the Sec- 1 retary. 2 Æ VerDate Sep 11 2014 18:42 May 07, 2021 Jkt 019200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6301 E:\BILLS\S1199.IS S1199 pamtmann on DSKBC07HB2PROD with BILLS