Section text and notes
Election; conveyance or lease of right; adjustment of compensation; retained rights
Termination of use and occupancy; pre-, standards of use and occupancy to remain in effect
section 460u–3 of this titleUpon his determination that the property, or any portion thereof, has ceased to be used in accordance with the applicable terms and conditions, the Secretary may terminate a right of use and occupancy. Nonpayment of property taxes, validly assessed, on any retained right of use and occupancy shall also be grounds for termination of such right by the Secretary. In the event the Secretary terminates a right of use and occupancy under this subsection he shall pay to the owners of the retained right so terminated an amount equal to the fair market value of the portion of said right which remained unexpired on the date of termination. With respect to any right of use and occupancy in existence on the effective date of this sentence, standards for retention of such rights in effect at the time such rights were reserved shall constitute the terms and conditions referred to in .
Extension of use and occupancy rights
With respect to improved properties acquired prior to , and upon which a valid existing right of use and occupancy has been reserved for a term of not more than twenty years, the Secretary may, in his discretion, extend the term of such retained right for a period of not more than nine years upon receipt of payment prior to , from the holder of the retained right. The amount of such payment shall be equivalent to the amount discounted from the purchase price paid by the Secretary for the identical period of time under the terms of the original sale adjusted by a general index adopted by the Secretary reflecting overall value trends within Indiana Dunes National Park between the time of the original sale and the time of the retained right of extension offered by this subsection.
Pub. L. 89–761, § 580 Stat. 1311 Pub. L. 94–549, § 1(4)90 Stat. 2529 Pub. L. 96–612, § 1(6)94 Stat. 3576 Pub. L. 99–583, § 1(c)100 Stat. 3319 Pub. L. 102–430, § 4(b)106 Stat. 2208 Pub. L. 105–277, div. A, § 101(e) [title I, § 141]112 Stat. 2681–231 Pub. L. 116–6, div. E, title I, § 115(a)(1)133 Stat. 232 (, formerly § 6, , ; renumbered § 5 and amended , (9), , , 2533; , (7), , ; , , ; , (c), , , 2209; , , , 2681–266; , , .)
Editorial Notes
References in Text
Pub. L. 94–549The effective date of this sentence, referred to in subsec. (b), probably refers to the date of enactment of , which was approved .
Prior Provisions
section 5 of Pub. L. 89–761section 460u–4 of this titlePub. L. 94–549, § 1(9)A prior was classified to , prior to repeal by .
Amendments
Pub. L. 116–6, § 115(a)(1)(B)2019—Subsec. (a)(2)(A), (3)(A). , substituted “Park” for “lakeshore” in introductory provisions.
Pub. L. 116–6, § 115(a)(1)(A)Subsec. (c). , substituted “National Park” for “National Lakeshore”.
Pub. L. 105–277, § 101(e) [title I, § 141(1)]1998—Subsec. (a)(3)(A). , in introductory provisions, struck out “as of that date” after “record of such property” and inserted “, subject to subparagraph (B),” after “term ending”.
Pub. L. 105–277, § 101(e) [title I, § 141(2)]Subsec. (a)(3)(B). , substituted “Subparagraph (A)(ii)” for “Subparagraph (A)” in introductory provisions.
Pub. L. 102–430, § 4(c)1992—Subsec. (a)(1). , substituted a comma for a period after first reference to “626–91014”.
Pub. L. 102–430, § 4(b)Subsec. (a)(3). , added par. (3).
Pub. L. 99–583section 460u–3 of this titlesection 460u of this titleProvided1986—Subsec. (a). designated existing provisions as par. (1), inserted “owners described in paragraph (2) and” and substituted reference to the map referred to in for reference to the map referred to in , “(A)” for “(1)” in two places, “(B)” for “(2)”, and “. In the case of improved property within the boundaries of the map dated December 1980 and numbered 626–91014” for “: , That”, and added par. (2).
Pub. L. 96–612, § 1(6)1980—Subsec. (a). , substituted provisions authorizing certain owners of improved property, except such owners within area II–B, to retain rights of use and occupancy of such property for noncommercial residential purposes for a term either ending at death or at a specified date no later than , for provisions authorizing certain owners of similar property to retain such rights for similar purposes for a fixed term of twenty years or less, as elected, authorizing the conveyance or leasing of such rights, and specifying the formula for reimbursing such owners upon acquisition of such property by the Secretary.
Pub. L. 96–612, § 1(7)Subsec. (c). , added subsec. (c).
Pub. L. 94–549, § 1(4)(a)section 460u of this title1976—Subsec. (a). , provided that owners within unit II–B on the map referred to in be excluded from use and occupancy rights, that owners attain the age of majority to be eligible to retain use and occupancy rights, and that the maximum term that an owner may retain use and occupancy rights be reduced to twenty years from twenty-five years.
Pub. L. 94–549, § 1(4)(b)Subsec. (b). , substituted provision requiring failure of property to be used in accordance with the terms and applicable conditions as grounds for termination by the Secretary for provision which required failure of the property to be used in accordance with applicable zoning standards, added nonpayment of property taxes as a ground for termination, and provided that the standards for right of use and occupancy applicable prior to remain in effect for such right, including applicable zoning regulations.