Directs the Secretary of the Interior to issue coal leases on other Federal lands in the State of New Mexico to the owner or owners of specified Federal coal leases upon surrender of such leases, within 30 months of enactment.
Describes the area in which the new leases will be issued.
Provides that the leases issued shall be equal in value to the leases surrendered, but authorizes the Secretary to receive or pay a cash amount of up to 25 percent of the value of such leases in order to equalize the exchange, if they are unavoidably not of equal value.
States that the new leases are to contain the same terms and conditions as the leases surrendered as of the date of the exchange.
Measure considered in House.
Passed/agreed to in House: Measure passed House, amended.
Measure passed House, amended.
Placed on calendar in Senate.
Call of calendar in Senate.
Measure considered in Senate.
Passed/agreed to in Senate: Measure passed Senate, amended, in lieu of S. 1455.
Measure passed Senate, amended, in lieu of S. 1455.
Resolving differences -- House actions: House agreed to Senate amendment with amendments.
House agreed to Senate amendment with amendments.
Resolving differences -- Senate actions: Senate agreed to House amendments.
Senate agreed to House amendments.
Measure enrolled in House.
Measure enrolled in Senate.
Measure presented to President.
Measure presented to President.
Signed by President.
Signed by President.
Public Law 96-475.
Public Law 96-475.
Enacted as Public Law 96-475
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