PUBLIC LAW 100-477—OCT. 6, 1988
102 STAT. 2305
Public Law 100-477 100th Congress An Act To amend the Second Supplemental Appropriation Act, 1961, relating to the lease of certain lands from the Isleta Indian Tribe for a seismological laboratory.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the authorization contained in the Second Supplemental Appropriation Act, 1961 (Public Law 86-722; 74 Stat. 821), under the headings "Department of Commerce, Coast and Geodetic Survey, Construction and Equipment", is amended by adding a new sentence at the end thereof to read "Any lease renewal entered into hereunder after September 25, 1985, shall provide for payment of an annual rental equal to fair market rental value, based on an independent appraisal approved by the Secretary of the Interior or his designee, provided that such rental shall be reviewed every five years and readjusted thereafter, based on an approved reappraisal of the land. For the first such renewal, the payment of fair market value shall be made retroactive to September 26, 1985.". Approved October 6, 1988.
LEGISLATIVE HISTORY—S. 1945: HOUSE REPORTS: No. 100-839 (Comm. on Interior and Insular Affairs). SENATE REPORTS: No. 100-353 (Select Comm. on Indian Affairs). CONGRESSIONAL RECORD, Vol. 134 (1988): June 7, considered and passed Senate. Sept. 22, considered and passed House.
Oct. 6, 1988 [S. 1945]