What it changes

1 change to S. 2410

Adds a section
  1. Adds SEC. 2835. CONVEYANCE OF FEDERAL PROPERTY LOCATED IN THE NATIONAL PETROLEUM RESERVE IN ALASKA on page 713, between lines 11 and 12

    Adds a sectionPrinted page

    Inserted: SEC. 2835. CONVEYANCE OF FEDERAL PROPERTY LOCATED IN THE NATIONAL PETROLEUM RESERVE IN ALASKA.

    Inserted: (a) Definitions.--In this section:

    Inserted: (1) Corporation.--The term "Corporation" means the Olgoonik Corporation, an Alaska Native Corporation established under the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et seq.).

    Inserted: (2) Secretary.--The term "Secretary" means the Secretary of the Interior.

    Inserted: (b) Conveyance.--Not later than 180 days after the date of enactment of this Act and after the date of completion of the appraisal required under subsection (d)(1)(B), the Secretary shall convey to the Corporation by quitclaim deed for the amount of consideration determined under subsection (d)(1), all right, title, and interest of the United States in and to a parcel of real property described in subsection (c).

    Inserted: (c) Description of Property.--The parcel to be conveyed under subsection (b) consists of approximately 1,518 acres and improvements comprising a former Distant Early Warning Line site in the National Petroleum Reserve in Alaska near Wainwright, Alaska, and described as United States Survey Number 5252 located within the Umiat Meridian.

    Inserted: (d) Terms and Conditions.--

    Inserted: (1) Consideration.--

    Inserted: (A) In general.--As consideration for the conveyance of the property under subsection (b), the Corporation shall pay to the Secretary an amount not less than the fair market value of the conveyed property, to be determined as provided in subparagraph (B).

    Inserted: (B) Appraisal.--The fair market value of the property to be conveyed under subsection (b) shall be determined based on an appraisal that--

    Inserted: (i) is conducted by a licensed, independent appraiser that is approved by the Secretary and the Corporation;

    Inserted: (ii) is based on the highest and best use of the property;

    Show 3 more inserted paragraphs

    Inserted: (iii) is approved by the Secretary; and

    Inserted: (iv) is paid for by the Corporation.

    Inserted: (2) Additional terms and conditions.--The Secretary may require such additional terms and conditions in connection with the conveyance under subsection (a) as the Secretary considers appropriate to protect the interests of the United States.

    Original wording

    On page 713, between lines 11 and 12, insert the following:

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As printed

SA 3902. Ms. MURKOWSKI (for herself and Mr. Begich) submitted an amendment intended to be proposed by her to the bill S. 2410, to authorize appropriations for fiscal year 2015 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows:

On page 713, between lines 11 and 12, insert the following:

SEC. 2835. CONVEYANCE OF FEDERAL PROPERTY LOCATED IN THE NATIONAL PETROLEUM RESERVE IN ALASKA.

(a) Definitions.--In this section:

(1) Corporation.--The term “Corporation” means the Olgoonik Corporation, an Alaska Native Corporation established under the Alaska Native Claims Settlement Act (43 U.S.C. 1601 et seq.).

(2) Secretary.--The term “Secretary” means the Secretary of the Interior.

(b) Conveyance.--Not later than 180 days after the date of enactment of this Act and after the date of completion of the appraisal required under subsection (d)(1)(B), the Secretary shall convey to the Corporation by quitclaim deed for the amount of consideration determined under subsection (d)(1), all right, title, and interest of the United States in and to a parcel of real property described in subsection (c).

(c) Description of Property.--The parcel to be conveyed under subsection (b) consists of approximately 1,518 acres and improvements comprising a former Distant Early Warning Line site in the National Petroleum Reserve in Alaska near Wainwright, Alaska, and described as United States Survey Number 5252 located within the Umiat Meridian.

(d) Terms and Conditions.--

(1) Consideration.--

(A) In general.--As consideration for the conveyance of the property under subsection (b), the Corporation shall pay to the Secretary an amount not less than the fair market value of the conveyed property, to be determined as provided in subparagraph (B).

(B) Appraisal.--The fair market value of the property to be conveyed under subsection (b) shall be determined based on an appraisal that--

(i) is conducted by a licensed, independent appraiser that is approved by the Secretary and the Corporation;

(ii) is based on the highest and best use of the property;

(iii) is approved by the Secretary; and

(iv) is paid for by the Corporation.

(2) Additional terms and conditions.--The Secretary may require such additional terms and conditions in connection with the conveyance under subsection (a) as the Secretary considers appropriate to protect the interests of the United States.

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Senate amendment submitted

September 18, 2014