HB0118H3005

This amendment creates an exception to the bill's prohibition on net land gains by the federal government when the United States acquires private property and agrees to dispose or exchange equal land within one year.

• Adds an exemption allowing the federal government to acquire private property without violating the net gain prohibition if the United States agrees to dispose or exchange land equal in size and fair market value to the state within one year of the conveyance, with no requirement that the exchanged land be in the same area as the original private property transferred. (Page 2, line 10)

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