1. Short title This Act may be cited as the Gulf Islands National Seashore Land Exchange Act . 2. Definitions In this Act: (1) Federal land The term Federal land means the parcel of approximately 1.542 acres of land that is located within the Gulf Islands National Seashore in Jackson County, Mississippi, and identified as NPS Exchange Area on the Map. (2) Map The term Map means 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. (3) Non-Federal land The term non-Federal land means the parcel of approximately 2.161 acres of land that is located in Jackson County, Mississippi, and identified as VFW Exchange Area on the Map. (4) Post The term Post means the Veterans of Foreign Wars Post 5699. (5) Secretary The term Secretary means the Secretary of the Interior, acting through the Director of the National Park Service. 3. Gulf Islands National Seashore land exchange (a) In general The Secretary may convey to the Post all right, title, and interest of the United States in and to the Federal land in exchange for the conveyance by the Post to the Secretary of all right, title, and interest of the Post in and to the non-Federal land. (b) Equal value exchange (1) In general The values of the Federal land and non-Federal land to be exchanged under this section shall be equal, as 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 Federal land and non-Federal land to be exchanged under this section are not equal, the values shall be equalized through— (A) a cash payment