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United States · Law · HR

H.R. 2240 (112th)

Lowell National Historical Park Land Exchange Act of 2012

enactedUnited States· United States Congress· EN

Introduced

16 June 2011

Last action

Status

Became Public Law No: 112-182.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Lowell National Historical Park Land Exchange Act of 2011 - Authorizes the Secretary of the Interior to exchange any land or interest within the boundaries of Lowell National Historical Park in Massachusetts for any land or interest owned by the Commonwealth of Massachusetts, the city of Lowell, or the University of Massachusetts Building Authority. Requires, where facilities or infrastructure required for the management and operation of the Park exists on the federal land to be exchanged and the non-federal land or interest to be exchanged is not of equal value, the values to be equalized by a cash payment to the Secretary, which shall be credited to a special Treasury account and retained for the replacement of such facilities and infrastructure. Bars the Secretary from being required to equalize the values of any exchange conducted under this Act if the land or interest received by the federal government exceeds the value of the federal land or interest exchanged. Requires loans made by the Lowell Historic Preservation Commission to the Lowell Development and Financial Corporation to enable the Corporation to provide low interest loans for the preservation, restoration, or development of certain property in the Park or Lowell Historic Preservation District because of its national historic or cultural significance to have a maturity of 60 years (under current law, 35 years).

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Documents

17 official files

Enrolled Bill (text)

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