Directs the Secretary of Agriculture to release a reversionary interest in specified lands in Payne county, Oklahoma, conveyed to the Board of Regents for Oklahoma State University.
Conditions such release upon the Board of Regents' compliance with a certain agreement to transfer the Federal reversionary interest to other lands specified in such agreement. Requires the Secretary of the Interior to convey all Federal mineral interests in the lands to which the reversionary interest applied if the University applies for acquisition of such interests.
Prescribes the procedure under which the mineral interests shall be conveyed to the University. Prohibits surface occupancy for the development of the mineral interests if such occupancy would interfere with intended surface uses of the land.
Introduced in Senate
Read twice and referred to the Committee on Agriculture.
Committee on Agriculture requested executive comment from Agriculture Department, Interior Department.
Referred to Subcommittee on Soil and Water Conservation.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line