A bill to authorize the Secretary of the Interior to enter into a contract for the lease of project lands acquired for the Palmetto Bend Project, Texas.

Authorizes the Secretary of the Interior to allow the Lavaca-Navidad River Authority to sublease or license up to 1,000 acres of the Palmetto Bend Federal Reclamation Project, Texas, for the purpose of public or private development. Requires that the proceeds be used to pay the non-Federal cost of public recreation facilities, the non-Federal reimbursable portion of the total project costs, and the recreation and project operation, maintenance, and replacement costs.