Sec. 4. Conveyance
234 words·~1 min read·
/bill/113/s/681/is/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to subsections
(b)and
(c)and section 5, the Secretary shall, by not later than 120 days after the date of enactment of this Act— notify each State of the right to request a conveyance of the applicable interest of the United States in and to the expanded submerged land; and at the request of a State, convey to the applicable State the interest of the United States in and to the expanded submerged land. On conveyance under subsection (a), the Secretary shall transfer to the Governor of the State the authority to exercise the powers and duties of the Secretary under the terms of any existing interest, subject to the condition that the State— shall not impose any burdens or requirements on an interest owner that would be stricter than any burdens or requirements imposed under Federal law; and shall not impose any administrative or judicial penalty or sanction on an interest owner that is more severe than any administrative or judicial penalty or sanction under current Federal law. As a condition of accepting the conveyance, the State shall agree to indemnify the United States from any liability to any interest owner for the taking of a property interest or breach of contract arising from— the conveyance of the expanded submerged land to the State; or the administration by the State of any existing interest on or underlying the expanded submerged land.