1. Short title This Act may be cited as the Gulf Islands National Seashore Land Exchange Act of 2017 . 2. Land exchange, Gulf Islands National Seashore, Jackson County, Mississippi (a) Land exchange authorized The Secretary of the Interior, acting through the Director of the National Park Service (in this section referred to as the Secretary ) may convey to the Veterans of Foreign Wars Post 5699 (in this section referred to as the Post ) all right, title, and interest of the United States in and to a parcel of real property, consisting of approximately 1.542 acres, located within the Gulf Islands National Seashore in Jackson County, Mississippi, and identified as NPS Exchange Area on the map entitled Gulf Islands National Seashore, Proposed Land Exchange with VFW, Davis Bayou Area—Jackson County, MS , numbered 635/133309, and dated June 2016. (b) Land To be acquired In exchange for the property described in subsection (a), the Post shall convey to the Secretary all right, title, and interest of the Post in and to a parcel of real property, consisting of approximately 2.161 acres, located in Jackson County, Mississippi, and identified as VFW Exchange Area on the map described in subsection (a). (c) Equal value exchange (1) In general The values of the parcels of real property to be exchanged under this section shall be determined by an appraisal conducted— (A) by a qualified and independent appraiser; and (B) in accordance with nationally recognized appraisal standards. (2) Equalization If the values of the parcels of real property to be exchanged under this section, as determined pursuant to paragraph (1), are not equal, the values shall be equalized through— (A) a cash payment