Utah National Forest Lands Exchange Act of 1992

[AI summary unavailable — showing source text] Utah National Forest Lands Exchange Act of 1992 - Authorizes and directs the Secretary of the Interior to exchange Federal mineral interests in Utah for certain lands owned by the State of Utah (the State) within units of the National Forest System in Utah. Expresses the sense of the Congress that the exchange shall be completed by December 31, 1994. Authorizes and directs the Secretary to determine the value of Federal mineral interests exchanged pursuant to this Act by deducting the State's share in all royalties, sales, bonuses, interest charges, penalties, and rentals collected pursuant to the Mineral Leasing Act from the appraised value of such mineral interests. Specifies that the revenues received by the State from Federal mineral leasing shall be recognized in the appraisal process as a matter of equity and not as a legal property right. Authorizes appropriations.…