Page:United States Statutes at Large Volume 97.djvu/940

 97 STAT. 908 PUBLIC LAW 98-140—OCT. 31, 1983 Lands exchange and bidding rights. 16 USC 460i/-3. "Cash Equivalency Rate." other party with all the rights of the owner to the credit, and after such transfer, the owner shall notify the Secretary.". (b) Section 4 of the Rattlesnake National Recreation Area and Wilderness Act of 1980 (Public Law 96-476) is further amended by adding a new subsection to read as follows: "(e) The Secretary of the Interior, in consultation with the Secre- tary of Agriculture, shall consummate the exchange of the lands owned by the Montana Power Company within the boundaries of the Rattlesnake National Recreation Area and Rattlesnake Wilder- ness by issuing bidding rights to the Montana Power Company which shall equal the negotiated cash equivalent of the fair market value of such Montana Power Company lands, as provided in the agreement of April 4, 1983, signed by the authorized representatives of the Secretary of Agriculture, the Secretary of the Interior and the Montana Power Company, except that adjustments in the 'Cash Equivalency Rate' referred to in said agreement shall not exceed a rate determined by the Secretary of the Interior taking into consid- eration the current average market yield on outstanding market- able obligations of the United States with remaining periods to maturity comparable to the remaining period during which the bidding rights may be used. ". Approved October 31, 1983. LEGISLATIVE HISTORY—S. 96: HOUSE REPORT No. 98 -405, Pt. 1 (Comm. on Interior and Insular Affairs). SENATE REPORT No. 98-16 (Comm. on Energy and Natural Resources). CONGRESSIONAL RECORD, Vol. 129 (1983): Apr. 13, considered and passed Senate. Oct. 6, considered and passed House, amended. Oct. 19, Senate concurred in House amendment.

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