Tapoco Project Licensing Act of 2004

[AI summary unavailable — showing source text] Tapoco Project Licensing Act of 2004 - Instructs the Secretary of the Interior to offer to acquire specified land from the Alcoa Power Generating Inc. (APGI) in exchange for 100 acres of land within the Great Smoky Mountains National Park that is: (1) adjacent to or flooded by the Chilhowee Reservoir; (2) within the boundary of the Tapoco Project as of February 21; and (3) shown on the map entitled Tapoco Hydroelectric Project, dated March 11, 2004. Prescribes procedural requirements, including: (1) reservation of a conservation easement; (2) reversion of title to the United States if the Chilhowee Dam is breached or removed; and (3) disposition of unsuitable land. Grants the Federal Energy Regulatory Commission (FERC) jurisdiction to license the Tapoco Project upon completion of the land exchange. Authorizes the Secretary of the Interior and the Secretary of Agriculture to acquire for the United States title to land in the State of Tennessee that may be transferred to a nongovernmental organization pursuant to a specified Settlement Agreement.…