Page:United States Statutes at Large Volume 118.djvu/3609

 118 STAT. 3579 PUBLIC LAW 108–452—DEC. 10, 2004 (A) the jurisdiction of the Federal Energy Regulatory Commission; (B) the rights of third parties; and (C) the right of reentry under section 24 of the Federal Power Act (16 U.S.C. 818). (e) EFFECT OF SECTION.—Nothing in this section negates or diminishes any right of an applicant to petition for restoration and opening of land withdrawn or classified for power purposes under section 24 of the Federal Power Act (16 U.S.C. 818). SEC. 105. ENTITLEMENT FOR THE UNIVERSITY OF ALASKA. (a) IN GENERAL.—As of January 1, 2003, the remaining State entitlement for the benefit of the University of Alaska under the Act of January 21, 1929 (45 Stat. 1091, chapter 92), is 456 acres. (b) REVERSIONARY INTERESTS.—The Act of January 21, 1929 (45 Stat. 1091, chapter 92), is amended by adding at the end the following: ‘‘SEC. 3. (a) The State of Alaska (referred to in this Act as the ‘State’), acting on behalf of, and with the approval of, the University of Alaska, may select— ‘‘(1) any mineral interest (including an interest in oil or gas) in land located in the State, the unreserved portion of which is owned by the University of Alaska; or ‘‘(2) any reversionary interest held by the United States in land located in the State, the unreserved portion of which is owned by the University of Alaska. ‘‘(b) The total acreage of any parcel of land for which a partial interest is conveyed under subsection (a) shall be charged against the remaining entitlement of the State under this Act. ‘‘(c) In taking title to a reversionary interest, the State, with the approval of the University of Alaska, waives all right to any future acreage credit if the reversion does not occur. ‘‘SEC. 4. The Secretary may survey any vacant, unappropriated, and unreserved land in the State for purposes of allowing selections under this Act. ‘‘SEC. 5. The authorized outstanding selections under this Act shall be not more than— ‘‘(1) 125 percent of the remaining entitlement; plus ‘‘(2) the number of acres of land that are in conflict with land owned by the University of Alaska, as identified in Native allotment applications on record with the Bureau of Land Management.’’. SEC. 106. SETTLEMENT OF REMAINING ENTITLEMENT. (a) IN GENERAL.—The Secretary may enter into a binding writ- ten agreement with the State with respect to— (1) the exact number and location of acres of land remaining to be conveyed under each entitlement established or confirmed by Public Law 85–508 (commonly known as the ‘‘Alaska State- hood Act’’) (72 Stat. 340), from— (A) the land selected by the State as of January 3, 1994; and (B) selections under the Act of January 21, 1929 (45 Stat. 1091, chapter 92); (2) the priority in which the land is to be conveyed; (3) the relinquishment of selections which are not to be conveyed; and 43 USC 1635 note. 43 USC 852 note. 43 USC 852 note. VerDate 11-MAY-2000 13:54 Nov 10, 2005 Jkt 029194 PO 00000 Frm 00113 Fmt 6580 Sfmt 6581 C:\STATUTES\2004\29194PT4.001 APPS10 PsN: 29194PT4

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