; and (B) the Uniform Standards of Professional Appraisal Practice. (4) Minerals (A) Mineral reports The appraisals under paragraph (1) may take into account mineral and technical reports provided by the Secretary and the State in the evaluation of mineral deposits in the Federal land and non-Federal land. (B) Mining claims To the extent permissible under applicable appraisal standards, the appraisal of any parcel of Federal land that is encumbered by a mining or millsite claim located under sections 2318 through 2352 of the Revised Statutes (commonly known as the Mining Law of 1872 ) ( 30 U.S.C. 21 et seq.) shall be appraised in accordance with standard appraisal practices, including, as appropriate, the Uniform Appraisal Standards for Federal Land Acquisition. (C) Validity examinations Nothing in this subsection requires the United States to conduct a mineral examination for any mining claim on the Federal land. (D) Adjustment (i) In general If value is attributed to any parcel of Federal land because of the presence of minerals subject to leasing under the Mineral Leasing Act ( 30 U.S.C. 181 et seq.), the value of the parcel (as otherwise established under this subsection) shall be reduced by the percentage of the applicable Federal revenue sharing obligation under section 35(a) of the Mineral Leasing Act ( 30 U.S.C. 191(a) ). (ii) Limitation An adjustment under clause (i) shall not be considered to be a property right of the State. (5) Approval An appraisal conducted under paragraph (1) shall be submitted to the Secretary and the State for approval. (6) Duration An appraisal conducted under paragraph (1) shall remain valid for 3 years after the date on which the appraisal is approved by the Secretary and the State. (7) Cost of appraisal (A) In general The cost of an appraisal conducted under paragraph (1) shall be paid equally by the Secretary and the State. (B) Reimbursement by secretary If the State retains an appraiser in accordance with paragraph (2), the Secretary shall reimburse the State in an amount