Reconciliation in Place Names Act This bill directs the Department of the Interior to establish the Advisory Committee on Reconciliation in Place Names to advise the Board on Geographic Names on renaming geographic features with offensive place names. Generally, an offensive place name is a place name or land unit that recognizes an individual who held racially repugnant views, contains a racial or sexist slur, or is derogatory or otherwise offensive. The board shall accept or reject a recommendation by the committee to rename a geographic feature with an offensive place name within three years of the date on which it receives the recommendation. The board shall approve a recommendation of the committee unless it determines that (1) there is a compelling reason and substantial public interest in rejecting the recommendation; or (2) approving the recommendation would violate federal law. The board shall rename a geographic feature if the board accepts a recommendation by the committee to rename it.