No Net Loss of Private Land Act

No Net Loss of Private Land Act - Allows the United States to acquire an interest in 100 or more acres of land within a State in which 25 percent or more of the land within that State is owned by the United States only if the United States disposes of the surface estate to land in that State approximately equal in value to the land being acquired. Specifies exceptions and authorizes a waiver in times of war or a national emergency.