A bill to authorize the sale and/or exchange of certain lands owned by the Ute Mountain Ute Indian Tribe in order to consolidate and obtain more intensive management on tribal land resources.

Authorizes the sale, by the Ute Mountain Ute Indian Tribe, of any lands held in trust for the Tribe by the United States that are not needed or are not properly located for practical use by the Tribe. Provides that all sums received by virtue of such sale be used only for purchase of real property satisfactorily located for practical use by the Ute Mountain Indian Tribe.