A bill to amend section 1403 of the Interstate Land Sales Full Disclosure Act to provide an exemption for land sold free and clear of all liens and encumbrances other than that reservation required by the Act of August 30, 1890.

Provides, for purposes of the Interstate Land Sales Full Disclosure Act, that a reservation of right of way for ditches or canals constructed by the authority of the United States under the Act of August 30, 1890, does not constitute a lien or encumbrance upon such land.