A bill to place certain submerged lands within the jurisdiction of the governments of Guam, the Virgin Islands, and American Samoa, and for other purposes.

[AI summary unavailable — showing source text] Authorizes the conveyance by the United States of specified submerged lands to the governments of Guam, the Virgin Islands, and American Somoa. Provides that enumerated items shall be excluded from such transfer, including: (1) deposits of oil, gas and other minerals; (2) all lands acquired by the United States through eminent domain, purchase, exchange, or gift; and (3) all tracts of land containing structures or improvements constructed by the United States. States that the President retains the right to establish, when necessary for national defense, naval defensive sea and airspace reservations around and over the islands of Guam, American Samoa, and the Virgin Islands. Conveys to the government of the Virgin Islands all right, title, and interest of the United States to property placed under control of the Virgin Islands which has not been reserved to the United States by the Secretary of the Interior within one hundred and twenty days after the enactment of this Act.…