HR 2240 · 112th Congress · Public Lands and Natural Resources

Lowell National Historical Park Land Exchange Act of 2012

Introduced 2011-06-16· Sponsored by Rep. Tsongas, Niki [D-MA-5]· House

Bill Progress

1
Introduced
2
Committee
House Vote
Senate
Enacted
Latest: Became Public Law No: 112-182.(2012-10-05)

Plain Language Summary

[AI summary unavailable — showing source text] Lowell National Historical Park Land Exchange Act of 2011 - Authorizes the Secretary of the Interior to exchange any land or interest within the boundaries of Lowell National Historical Park in Massachusetts for any land or interest owned by the Commonwealth of Massachusetts, the city of Lowell, or the University of Massachusetts Building Authority. Requires, where facilities or infrastructure required for the management and operation of the Park exists on the federal land to be exchanged and the non-federal land or interest to be exchanged is not of equal value, the values to be equalized by a cash payment to the Secretary, which shall be credited to a special Treasury account and retained for the replacement of such facilities and infrastructure. Bars the Secretary from being required to equalize the values of any exchange conducted under this Act if the land or interest received by the federal government exceeds the value of the federal land or interest exchanged. Requires loans made by the Lowell Historic Preservation Commission to the Lowell Development and Financial Corporation to enable the Corporation to provide low interest loans for the preservation, restoration, or devel…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 2240, the Lowell National Historical Park Land Exchange Act of 2011

Mar 15, 2012

As ordered reported by the House Committee on Natural Resources on February 29, 2012

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office