,,ii  #aadth ,,congress  #ast ,session  
,s4 #fdd  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #c1 #bjae,ms4
 ,murkowski 7for herself and ,mr4       
,sullivan7 introduced the following     
bill2 which was read twice and referred 
to the ,committee on ,agriculture1      
,nutrition1 and ,forestry  ,a ,,bill    
,to resolve title issues involving real 
property and equipment acquired using   
funds provided under the ,alaska ,kiln  
,drying ,grant ,program4  #a4           
,resolution of real property and        
equipment title issues under ,alaska    
kiln drying grant program  7a7          
,definition of program ,in this section1
 the term ,program means the ,alaska    
,kiln ,drying ,grant ,program that is   
described--  7#a7 in the matter under   
the heading ,state and ,private         
,forestry under the heading ,forest     
,service under the heading ,department  
of ,agriculture in title ,,ii of the    
conference report accompanying ,h4,r4   
#degh of the #ajfth ,congress 7,house   

,report #ajf-iad72 and  7#b7 in the     
matter under the heading ,state and     
,private ,forestry under the heading    
,forest ,service under the heading      
,department of ,agriculture in title    
,,ii of the conference report           
accompanying ,h4,r4 #bbag of the #ajgth 
,congress 7,house ,report #ajg-bcd74    
7b7 ,vesting of title ,notwithstanding  
chapter ,,iv of subtitle ,b of title #b1
 ,code of ,federal ,regulations 7or     
successor regulations71 title to real   
property and equipment acquired using   
funds provided by a grant under the     
,program shall vest in the grant        
recipient--  7#a7 in accordance with the
 compensation schedule described in     
subsection 7c77#b72 or  7#b7 as provided
 in subsection 7d74  7c7 ,compensation  
schedule  7#a7 ,period of application   
,the compensation requirements of this  
subsection shall apply to a grant       
provided under the ,program during the  
#d-year period beginning on the date on 
which the grant was closed4  7#b7       

,compensation schedule ,if real property
 or equipment acquired using funds      
provided by a grant under the ,program  
is no longer to be used for the purposes
 for which the grant was made1 the grant
 recipient may sell1 or may retain title
 to1 the real property or equipment on  
payment to the ,secretary of            
,agriculture of compensation as follows3
  7,a7 ,during the first year of the    
#d-year period1 the grant recipient     
shall pay an amount equal to #hj percent
 of the proceeds of the sale1 if the    
real property or equipment is sold1 or  
#hj percent of the market value of the  
real property or equipment1 if title is 
to be retained by the grant recipient4  
7,b7 ,during the second year of the     
#d-year period1 the grant recipient     
shall pay an amount equal to #fj percent
 of the proceeds of the sale1 if the    
real property or equipment is sold1 or  
#fj percent of the market value of the  
real property or equipment1 if title is 
to be retained by the grant recipient4  

7,c7 ,during the third year of the      
#d-year period1 the grant recipient     
shall pay an amount equal to #dj percent
 of the proceeds of the sale1 if the    
real property or equipment is sold1 or  
#dj percent of the market value of the  
real property or equipment1 if title is 
to be retained by the grant recipient4  
7,d7 ,during the final year of the      
#d-year period1 the grant recipient     
shall pay an amount equal to #bj percent
 of the proceeds of the sale1 if the    
real property or equipment is sold1 or  
#bj percent of the market value of the  
real property or equipment1 if title is 
to be retained by the grant recipient4  
7d7 ,divestiture ,after the end of the  
#d-year period beginning on the date on 
which a grant provided under the        
,program was closed1 real property or   
equipment acquired using the grant funds
 may be retained or disposed of by the  
grant recipient with no further         
obligation to the ,federal ,government4