Valles Caldera National Preserve Management Act - (Sec. 3) Designates the Valles Caldera National Preserve in New Mexico as a unit of the National Park System for the protection, preservation, and restoration of the fish, wildlife, watershed, natural, scientific, scenic, geologic, historic, cultural, archaeological, and recreational values of the area.
Authorizes coordination of the management and operations of the Preserve with the Bandelier National Monument.
Requires the Secretary of the Interior (the Secretary) to prepare a management plan for the Preserve.
Authorizes the United States to acquire by purchase with donated or appropriated funds, donation, or transfer from another federal agency, land and interests within the boundaries of the Preserve. Requires acquired lands and interests to be administered as part of the Preserve.
Directs the Secretary to establish a new science and education program for the Preserve. Authorizes the establishment of a science and education center outside of the Preserve.
Permits the continuation of livestock grazing and hunting and fishing on land and water within the Preserve. Allows zones and periods to be established when hunting or fishing shall not be permitted.
Directs the Secretary to undertake activities for improving the health of forest, grassland, and riparian areas within the Preserve. Authorizes the Secretary to enter into cooperative agreements with adjacent pueblos to coordinate such activities on the Preserve and adjacent public land.
Withdraws lands and interests within the Preserve from specified public land, mining, mineral leasing, geothermal leasing, and mineral materials laws.
Prohibits road or building construction and motorized access within the area of volcanic domes and other peaks in the Preserve, except for administrative purposes.
Ensures the protection of, and access to, traditional cultural and religious sites.
Directs the Secretary to study the feasibility of establishing a hiking trail along the rim of the Valles Caldera. Requires the Secretary and the Secretary of Agriculture (USDA) to seek to enter into an agreement with the Indian tribe or pueblo respecting the establishment of a Caldera Rim Trail that will provide for the protection of cultural and religious sites.
(Sec. 4) Transfers administrative jurisdiction over the Preserve from the Secretary of Agriculture and the Valles Caldera Trust to the Secretary. Modifies the boundaries of Santa Fe National Forest to exclude the Preserve.
Terminates the Valles Caldera Trust and sets forth provisions concerning its assets and liabilities, personnel, records, and funds.
(Sec. 5) Repeals the Valles Caldera Preservation Act and sets forth provisions concerning the effects of the repeal, including transfers of authority and boundaries.
(Sec. 6) Authorizes appropriations.