O&C Forest Transfer Act

[AI summary unavailable — showing source text] O&C Forest Transfer Act - Directs the Secretary of the Interior, subject to a qualifying legislative resolution of assent from the State of Oregon filed on or before December 31, 1999, to transfer to Oregon specified real property constituting the Oregon and California (O&C) Railroad Grant Lands, the Coos Bay Military Wagon Road Grant Lands, all federally owned timberlands within one or more O&C counties currently managed by the Bureau of Land Management (BLM), and certain land and structures utilized as offices or in related administrative capacities. Outlines terms required in the qualifying resolution of assent, including: (1) the requirement that Oregon manage the transferred lands for sustained yield, permanent timber production benefitting the economic stability of local communities; (2) the adoption of a State land management plan; (3) the establishment of an O&C Lands Fund for timber sales deposits and disbursements to O&C counties within the transferred lands, as well as to Oregon to cover land management costs; (4) the administration of a mineral rights program for individuals; (5) a prohibition against the sale of any transferred lands capable of timber production; (6) a…