43 U.S. Code § 2305 - Federal Land Disposal Account
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(a) Deposit of proceeds
Notwithstanding any other law (except a law that specifically provides for a proportion of the proceeds to be distributed to any trust funds of any States), the gross proceeds of the sale or exchange of public land under this chapter  shall be deposited in a separate account in the Treasury of the United States to be known as the “Federal Land Disposal Account”.
Amounts in the Federal Land Disposal Account shall be available to the Secretary and the Secretary of Agriculture, without further Act of appropriation, to carry out this chapter.
(c) Use of the Federal Land Disposal Account
(1) In general
Funds in the Federal Land Disposal Account shall be expended in accordance with this subsection.
(2) Fund allocation
(A) Purchase of land
Except as authorized under subparagraph (C), funds shall be used to purchase lands or interests therein that are otherwise authorized by law to be acquired, and that are—
Not less than 80 percent of the funds allocated for the purchase of land within each State shall be used to acquire inholdings identified under section 2303 of this title.
(C) Administrative and other expenses
An amount not to exceed 20 percent of the funds deposited in the Federal Land Disposal Account may be used by the Secretary for administrative and other expenses necessary to carry out the land disposal program under section 2304 of this title.
The Secretary and the Secretary of Agriculture shall develop a procedure for prioritizing the acquisition of inholdings and non-Federal lands with exceptional resources as provided in paragraph (2). Such procedure shall consider—
(B)the extent to which acquisition of the land or interest therein will facilitate management efficiency; and
(4) Basis of sale
Any land acquired under this section shall be—
(B)contingent on the conveyance of title acceptable to the Secretary, or the Secretary of Agriculture in the case of an acquisition of National Forest System land, using title standards of the Attorney General;
(C)at a price not to exceed fair market value consistent with applicable provisions of the Uniform Appraisal Standards for Federal Land Acquisitions; and
(d) Contaminated sites and sites difficult and uneconomic to manage
Funds in the Federal Land Disposal Account shall not be used to purchase land or an interest in land that, as determined by the Secretary or the Secretary of Agriculture—
(e) Land and Water Conservation Fund Act
On termination of activities under section 2304 of this title—
 See References in Text note below.
Source(Pub. L. 106–248, title II, § 206,July 25, 2000, 114 Stat. 616.)
References in Text
This chapter, referred to in subsec. (a), was in the original “this Act” and was translated as reading “this title”, meaning title II of Pub. L. 106–248, which enacted this chapter, to reflect the probable intent of Congress.
The Land and Water Conservation Fund Act, referred to in subsec. (e), probably means the Land and Water Conservation Fund Act of 1965, Pub. L. 88–578, Sept. 3, 1964, 78 Stat. 897, as amended, which is classified generally to part B (§ 460l–4 et seq.) of subchapter LXIX of chapter 1 of Title 16, Conservation. For complete classification of this Act to the Code, see Short Title note set out under section 460l–4 of Title 16 and Tables.