Sandpoint Land and Facilities Conveyance Act of 2003 - Directs the Administrator of General Services to transfer to the Secretary of Agriculture jurisdiction over certain land in Sandpoint, Idaho, with the Secretary assuming the obligation of the Administrator to repay to the Federal Finance Bank the debt incurred with respect to the property.
Permits the Secretary to convey such property by: (1) sale for fair market value in the form of cash or other consideration; or (2) exchange for construction of administrative facilities for the National Forest System (NFS) in Bonner County, Idaho, and a cash equalization payment, if necessary. Requires a recipient to assume any outstanding indebtedness on the property to the Federal Finance Bank. Directs the Secretary to use proceeds from the sale of the property for: (1) the acquisition, construction, or improvement of administrative facilities and associated land; and (2) the acquisition of land for addition to the NFS in the Northern Region of the Forest Service in Idaho. Requires the Secretary to manage any land acquired under this Act in accordance with the Weeks Act and other laws relating to the NFS.
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