Us Congress 2025 2025-2026 Regular Session

Us Congress House Bill HB952 Introduced / Bill

Filed 03/04/2025

                    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
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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
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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
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(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 
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