A bill to establish the Nantucket Sound Islands Trust in the Commonwealth of Massachusetts, to declare certain national policies essential to the preservation and conservation of the lands and waters in the trust area.

[AI summary unavailable — showing source text] Expresses the findings of Congress with regard to the national interest in the Nantucket Sound Islands in the Commonwealth of Massachusetts. Establishes the Nantucket Sound Island Trust to provide for the preservation of the unique values of the islands. Creates the Nantucket Trust Commission, the Martha's Vineyard Trust Commission, and the Elizabeth Islands Trust Commission, to be known collectively as the Nantucket Sound Islands Trust Commissions. Enumerates the membership composition and responsibilities of each Commission. Designates the area comprising the trust. Classifies the trust lands into categories of: (1) open lands; (2) resource management lands; and (3) town lands. Prescribes the procedures for the assignment of the trust lands and waters into such classifications. Authorizes the Secretary of the Interior to sell lands and waters and interests therein at fair market values to accomplish the purposes of this Act. Defines the terms used in this Act. Directs the Commissions to cooperate in a study and formulate plans for beach and shoreland erosion control and restoration projects in those areas most immediately threatened. Calls for programs: (1) in dune and headland e…