This legislation authorizes the Administrator of the National Aeronautics and Space Administration (NASA) to reimburse the Town of Chincoteague, Virginia, for expenses incurred in relocating certain drinking water wells. These wells are currently located on NASA-administered property, and the bill aims to facilitate their removal and the establishment of new, alternative wells on land controlled by the Town of Chincoteague. Under this authority, NASA may enter into an agreement with the town for a period of up to five years. This agreement must detail the plan for removing the three existing wells, describe the location of their new site, and provide a current estimated cost covering all associated expenses, including property, engineering, and construction. The NASA Administrator is also required to submit any finalized agreement to the appropriate congressional committees within 18 months of the Act's enactment.