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<PRE>[DOCID: f:s604enr.txt]
        S.604

                       One Hundred Sixth Congress

                                 of the

                        United States of America


                          AT THE FIRST SESSION

         Begun and held at the City of Washington on Wednesday,
   the sixth day of January, one thousand nine hundred and ninety-nine


                                 An Act


 
To direct the Secretary of Agriculture to complete a land exchange with 
                         Georgia Power Company.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Lake Oconee Land Exchange Act''.

SEC. 2. LAKE OCONEE LAND EXCHANGE.

    (a) Definitions.--In this section:
        (1) Description of the boundary.--The term ``description of the 
    boundary'' means the documents entitled ``Description of the 
    Boundary'' dated September 6, 1996, prepared by the Forest Service 
    and on file with the Secretary.
        (2) Exchange agreement.--The term ``exchange agreement'' means 
    the agreement between Georgia Power Company and the Forest Service 
    dated December 26, 1996, as amended on August 17, 1998, on file 
    with the Secretary.
        (3) Georgia power company.--The term ``Georgia Power Company'' 
    means Georgia Power Company, a division of the Southern Company, a 
    Georgia corporation, or its successors or assigns.
        (4) Secretary.--The term ``Secretary'' means the Secretary of 
    Agriculture.
    (b) Land Exchange.--
        (1) In general.--Simultaneously with conveyance by Georgia 
    Power Company to the Secretary of all right, title, and interest in 
    and to the land described in paragraph (2), the Secretary shall--
            (A) convey to Georgia Power Company all right, title, and 
        interest in and to the land described in paragraph (3), except 
        as provided in the exchange agreement; and
            (B) make a value equalization payment of $23,250 to Georgia 
        Power Company.
        (2) Land to be conveyed to the secretary.--The land described 
    in this paragraph is the land within or near the Chattahoochee 
    National Forest and Oconee National Forest in the State of Georgia, 
    comprising approximately 1,175.46 acres, described in the exchange 
    agreement and the description of the boundary.
        (3) Land to be conveyed to georgia power company.--The land 
    described in this paragraph is the land in the State of Georgia, 
    comprising approximately 1,275.80 acres, described in the exchange 
    agreement and the description of the boundary.
    (c) Partial Revocation of Withdrawals.--
        (1) In general.--The orders issued by the Federal Energy 
    Regulatory Commission under section 24 of the Federal Power Act (16 
    U.S.C. 818), authorizing Power Project Numbers 2413 and 2354, 
    issued August 6, 1969, and October 1, 1996, respectively, are 
    revoked insofar as the orders affect the land described in 
    subsection (b)(3).
        (2) No annual charge.--No interest conveyed to Georgia Power 
    Company or easement right retained by Georgia Power Company under 
    this section shall be subject to an annual charge for the purpose 
    of compensating the United States for the use of its land for power 
    purposes.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.

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