To authorize the Secretary of the Interior to convey certain facilities to the Fremont-Madison Irrigation District, and for other purposes.

[AI summary unavailable — showing source text] Fremont-Madison Conveyance Act - Directs the Secretary of the Interior to: (1) convey the Cross Cut Diversion Dam, the Cross Cut Canal, and the Teton Exchange Wells to the Fremont-Madison Irrigation District in Idaho; and (2) condition such conveyance on the District paying up to $40,000 of the administrative costs of the conveyance and related activities and the lesser of the net present value of the remaining obligations owed to the United States for the facilities conveyed or $280,000. Requires the Secretary, in conveying the Teton Exchange Wells, to also convey to the District Idaho Department of Water Resources permit number 22-7022, including drilled wells under such permit and all appurtenant equipment. Extends a specified water service contract between the Secretary and the District until all conditions described in this Act are fulfilled. Requires the Secretary to complete all actions as may be required under the National Environmental Policy Act of 1969 prior to the conveyance. Directs the Secretary to increase the number of acres within the District that are eligible to receive water from the Minidoka Project and the Teton Basin Projects to reflect the number of acres wi…