I 119THCONGRESS 1 STSESSION H. R. 952 To convey the reversionary interest of the United States in certain land in Sacramento, California. IN THE HOUSE OF REPRESENTATIVES FEBRUARY4, 2025 Ms. M ATSUIintroduced the following bill; which was referred to the Committee on Natural Resources A BILL To convey the reversionary interest of the United States in certain land in Sacramento, California. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Reversionary Interest 4 Conveyance Act’’. 5 SEC. 2. CONVEYANCE OF UNITED STATES INTEREST IN 6 CERTAIN LAND. 7 (a) D EFINITIONS.—In this section: 8 (1) C OVERED LAND.—The term ‘‘covered land’’ 9 means the approximately 8.43 acres of land under 10 VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H952.IH H952 kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 •HR 952 IH the administrative jurisdiction of the Bureau of 1 Land Management in Sacramento, California, as 2 generally depicted as ‘‘Proposed Easements to be 3 Released’’ on the map titled ‘‘Lands Proposed for 4 Release from Any and All Reversionary Interests of 5 the United States, including interests under the Act 6 of July 1, 1862 (12 Stat. 489)’’, dated November 7, 7 2022. 8 (2) B UYER.—(A) The term ‘‘buyer’’ means the 9 owner of record of any of the parcels included in the 10 covered land at the time of the requested convey-11 ance. 12 (B) Buyer may only request and purchase the 13 covered land’s reversionary interest for the parcels of 14 which the owner is the owner of record at the time 15 of request. 16 (3) R EVERSIONARY INTEREST .—The term ‘‘re-17 versionary interest’’ means all reversionary interests 18 of the United States in the covered land. 19 (4) S ECRETARY.—The term ‘‘Secretary’’ means 20 the Secretary of the Interior, acting through the Bu-21 reau of Land Management. 22 (b) C ONVEYANCE.—Not later than two years after 23 the Secretary receives a request from the buyer, the Sec-24 retary shall offer to the buyer the applicable reversionary 25 VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H952.IH H952 kjohnson on DSK7ZCZBW3PROD with $$_JOB 3 •HR 952 IH interest subject to the requirements in subsection (c), and 1 shall convey the lands to buyer upon payment of the ap-2 praised value. 3 (c) R EQUIREMENTS.—Any conveyance under this sec-4 tion— 5 (1) shall be subject to valid existing rights; and 6 (2) shall be for not less than fair market value. 7 (d) P AYMENT OFFAIRMARKETVALUE.—The Sec-8 retary shall determine the fair market value of the applica-9 ble reversionary interest— 10 (1) in accordance with the Federal Land Policy 11 and Management Act of 1976 (43 U.S.C. 1701 et 12 seq.); and 13 (2) based on an appraisal that is conducted in 14 accordance with— 15 (A) the Uniform Appraisal Standards for 16 Federal Land Acquisitions; and 17 (B) the Uniform Standards of Professional 18 Appraisal Practice. 19 (e) C OSTS.—In addition to the fair market value de-20 termined under subsection (d), the buyer shall pay all 21 costs related to the applicable conveyance of the rever-22 sionary inter est, including all surveys, appraisals, and 23 other administrative costs. 24 VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H952.IH H952 kjohnson on DSK7ZCZBW3PROD with $$_JOB 4 •HR 952 IH (f) PROCEEDSFROM THESALE OFLAND.—The pro-1 ceeds from the sale of the applicable reversionary interest 2 shall be— 3 (1) deposited in the Federal Land Disposal Ac-4 count established by section 206(a) of the Federal 5 Land Transaction Facilitation Act (43 U.S.C. 6 2305(a)); and 7 (2) used in accordance with that Act. 8 SEC. 3. STATUTORY CONSTRUCTION. 9 Nothing in this Act shall— 10 (1) diminish the right-of-way associated with 11 the covered land in section 2 to a width of less than 12 50 feet on each side of the center of the main track 13 or tracks established and maintained by the South-14 ern Pacific Transportation Company on the date of 15 the enactment of this Act; or 16 (2) validate or confirm any right or title to, or 17 interest in the land referred to in section 2 arising 18 out of adverse possession, prescription, or abandon-19 ment, and not confirmed by conveyance made by the 20 Southern Pacific Transportation Company before 21 the date of the enactment of this Act. 22 Æ VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6301 E:\BILLS\H952.IH H952 kjohnson on DSK7ZCZBW3PROD with $$_JOB