114 STAT. 616 PUBLIC LAW 106-248-^ULY 25, 2000 section 202 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712). (b) SALE OF PUBLIC LAND.— (1) IN GENERAL.— The sale of public land so identified shall be conducted in accordance with sections 203 and 209 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1713, 1719). (2) EXCEPTIONS TO COMPETITIVE BIDDING REQUIREMENTS. — The exceptions to competitive bidding requirements under section 203(f) of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1713(f)) shall apply to this section in cases in which the Secretary determines it to be necessary. (c) REPORT IN PUBLIC LAND STATISTICS.— The Secretary shall provide in the annual publication of Public Land Statistics, a report of activities under this section. (d) TERMINATION OF AUTHORITY.— The authority provided under this section shall terminate 10 years after the date of enactment of this Act. 43 USC 2305. SEC. 206. FEDERAL LAND DISPOSAL ACCOUNT. (a) DEPOSIT OF PROCEEDS. —Notwithstanding any other law (except a law that specifically provides for a proportion of the proceeds to be distributed to any trust funds of any States), the gross proceeds of the sale or exchange of public land under this Act shall be deposited in a separate account in the Treasury of the United States to be known as the "Federal Land Disposal Account". (b) AVAILABILITY.— Amounts in the Federal Land Disposal Account shall be available to the Secretary and the Secretary of Agriculture, without further Act of appropriation, to carry out this title. (c) USE OF THE FEDERAL LAND DISPOSAL ACCOUNT.— (1) IN GENERAL. — Funds in the Federal Land Disposal Account shall be expended in accordance with this subsection. (2) FUND ALLOCATION. — (A) PURCHASE OF LAND.— Except as authorized under subparagraph (C), funds shall be used to purchase lands or interests therein that are otherwise authorized by law to be acquired, and that are— (i) inholdings; and (ii) adjacent to federally designated areas and contain exceptional resources. (B) INHOLDINGS. —Not less than 80 percent of the funds allocated for the purchase of land within each State shall be used to acquire inholdings identified under section 204. (C) ADMINISTRATIVE AND OTHER EXPENSES.—An amount not to exceed 20 percent of the funds deposited in the Federal Land Disposal Account may be used by the Secretary for administrative and other expenses necessary to carry out the land disposal program under section 205. (D) SAME STATE PURCHASES.—Of the amounts not used under subparagraph (C), not less than 80 percent shall be expended within the State in which the funds were generated. Any remaining funds may be expended in any other State.
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