H.R. 3049 would ratify and direct the Department of the Interior (DOI) to implement, within 45 days of enactment, an agreement with the state of Utah. Under the agreement, DOI and the state would exchange about 170,000 acres of land of approximately equal value. Under the bill, any state land conveyed to the federal government would be withdrawn from mining, mineral, and geothermal leasing laws, subject to valid existing rights.