text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Bisti PRLA Dispute Resolution Act''.
  
  SEC. 2. WITHDRAWAL OF COAL PREFERENCE RIGHT LEASE APPLICATIONS.
  
      (a) In General.--Notwithstanding any other provision of law, if any 
  of the coal preference right lease applications captioned NMNM 3752, 
  NMNM 3753, NMNM 3754, NMNM 3755, NMNM 3835, NMNM 3837, NMNM 3918, NMNM 
  3919, NMNM 6802, NMNM 7235 and NMNM 8745 are withdrawn by the holder or 
  holders of the applications, the Secretary of the Interior, acting 
  through the Bureau of Land Management (referred to in this Act as the 
  ``Secretary''), shall issue under section 4(a)(2) to each such holder 
  or holders a certificate of bidding rights (in such form and manner as 
  provided for under regulations promulgated by the Secretary under the 
  Mineral Leasing Act (30 U.S.C. 181 et seq.)) that constitutes the 
  combined fair market value, as determined under section 3, of the coal 
  reserves for each coal preference right lease application withdrawn by 
  the holder.
      (b) Relinquishment.--The relinquishment of all rights associated 
  with the coal preference lease applications withdrawn shall be 
  effective on the date of the issuance of the certificate of bidding 
  rights under section 4(a)(2).
      (c) No Adjudication.--The withdrawals and issuances required under 
  subsection (a) shall occur without any further adjudication of coal 
  preference right lease applications by the Secretary.
  
  SEC. 3. METHOD FOR DETERMINING FAIR MARKET VALUE.
  
      (a) In General.--Notwithstanding any other provision of law, this 
  section shall apply to the issuance of a certificate of bidding rights 
  under section 4(a)(2).
      (b) Value of Coal Reserves.--
              (1) In general.--The fair market value of the coal reserves 
          of any coal preference right lease application withdrawn under 
          section 2(a) shall be determined by the panel established under 
          paragraph (2).
              (2) Panel.--
                      (A) Establishment.--Not later than 30 days after 
                  the date of enactment of this Act, the Secretary shall 
                  establish a panel to determine the fair market value of 
                  the coal reserves of any coal preference right lease 
                  applications withdrawn under section 2(a).
                      (B) Membership.--The panel shall be composed of 3 
                  representatives, of whom--
                              (i) 1 representative shall be appointed by 
                          the Secretary;
                              (ii) 1 representative shall be appointed by 
                          the holder of the preference right lease 
                          application; and
                              (iii) 1 representative shall be appointed 
                          by the Governor of the State of New Mexico.
              (3) Mineral appraiser.--The Secretary shall contract with a 
          qualified coal reserve appraiser to assist the panel 
          established under paragraph (2)(A) in determining the fair 
          market value of a coal reserve.
              (4) Supplemental information.--In determining the fair 
          market value of a coal reserve, the panel may supplement any 
          information provided to the panel, as the panel determines to 
          be appropriate.
              (5) Determination.--Not later than 75 days after the date 
          on which the panel is established under paragraph (2)(A), the 
          panel shall submit to the Secretary the determination of the 
          panel with respect to the fair market value of a coal reserve 
          of any coal preference right lease application withdrawn by the 
          holder.
  
  SEC. 4. ISSUANCE OF PATENTS TO RELINQUISHED PREFERENCE RIGHT LEASE 
                APPLICATIONS.
  
      (a) In General.--Notwithstanding any other provision of law, not 
  later than 120 days after the withdrawal of a coal preference right 
  lease application, the Secretary shall--
              (1) issue to the Navajo Nation patents to the land, 
          including the mineral estate, subject to the coal preference 
          right lease application withdrawn--
                      (A) in full and final satisfaction of the right of 
                  the Navajo Nation to select land in New Mexico under 
                  section 11 of the Navajo-Hopi Land Settlement Act of 
                  1974 (25 U.S.C. 640d-10); and
                      (B) to facilitate land consolidation and facilitate 
                  mineral development in northwest New Mexico; and
              (2) issue a certificate of bidding rights in the amount of 
          the fair market value determined under section 3.
      (b) Enforcement.--The duties of the Secretary under this section 
  shall be considered nondiscretionary and enforceable in a mandamus 
  proceeding brought under section 1361 of title 28, United States Code.
  
  SEC. 5. USE OF EXCHANGE BIDDING RIGHTS.
  
      (a) In General.--Notwithstanding any other provision of law--
              (1) a certificate of bidding rights issued under section 
          4(a)(2) shall--
                      (A) be subject to such procedures as the Secretary 
                  may establish pertaining to notice of transfer and 
                  accountings of holders and their balances;
                      (B) be transferable by the holder or holders of the 
                  certificate of bidding rights in whole or in part; and
                      (C) constitute a monetary credit that, subject to 
                  paragraph (2), may be applied, at the election of the 
                  holder or holders of the certificate of bidding rights, 
                  against--
                              (i) rentals, advance royalties, or 
                          production royalties payable to the Secretary 
                          under Federal coal leases; and
                              (ii) bonus payments payable to the 
                          Secretary in the issuance of a Federal coal 
                          lease or Federal coal lease modification under 
                          the coal leasing provisions of the Mineral 
                          Leasing Act (30 U.S.C. 181 et seq.); and
              (2) in a case in which a certificate of bidding rights 
          issued under section 4(a)(2) is applied by the holder or 
          holders of the certificate of bidding rights as a monetary 
          credit against a payment obligation under a Federal coal lease, 
          the holder or holders--
                      (A) may apply the bidding rights only against 50 
                  percent of the amount payable under the lease; and
                      (B) shall pay the remaining 50 percent as provided 
                  for under the lease in cash or cash equivalent.
      (b) Payment Under Lease Obligations.--Any payment of a Federal coal 
  lease obligation by the holder or holders of a certificate of bidding 
  rights issued under section 4(a)(2)--
              (1) shall be treated as money received under section 35 of 
          the Mineral Leasing Act (30 U.S.C. 191); but
              (2) shall be credited and redistributed by the Secretary 
          only as follows:
                      (A) 50 percent of the amount paid in cash or its 
                  equivalent shall be--
                              (i) distributed to the State in which the 
                          lease is located; and
                              (ii) treated as a redistribution under 
                          section 35 of the Mineral Leasing Act (30 
                          U.S.C. 191).
                      (B) 50 percent of the amount paid through a 
                  crediting of the bidding rights involved shall be 
                  treated as a payment that is subject to redistribution 
                  under that section to the Reclamation and Miscellaneous 
                  Receipts accounts in the Treasury.
target: Bisti PRLA Dispute Resolution Act - Directs the Secretary of the Interior, acting through the Bureau of Land Management, if any of specified coal preference right lease applications are withdrawn by the holder or holders of those applications, to issue to each such holder a certificate of bidding rights that constitutes the combined fair market value of the coal reserves for each coal preference right lease application withdrawn by the holder. Provides that such withdrawals and issuances shall occur without any further adjudication of coal preference right lease applications.
  
  Directs the Secretary to establish a panel to determine the fair market value of the coal reserves of any coal preference right applications withdrawn under this Act. Instructs the Secretary to contract with a qualified coal reserve appraiser to assist the panel.
  
  Directs the Secretary, after the withdrawal of a coal preference right lease application, to: (1) issue to the Navajo Nation patents to the land, including the mineral estate, subject to such withdrawn application in full and final satisfaction of the right of the Navajo Nation to select land in New Mexico and to facilitate land consolidation and mineral development in northwest New Mexico; and (2) issue a certificate of bidding rights in the amount of the fair market value of the coal reserves of such application. Provides that the Secretary's duties in issuing such patents and certificates shall be considered nondiscretionary and enforceable in a mandamus proceeding.
  
  Sets forth provisions regarding the use of exchange bidding rights.
feat_title: A bill to provide the conveyance of certain public land in northwestern New Mexico by resolving a dispute associated with coal preference right lease interests on the land.