1 | 1 | | I |
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2 | 2 | | 119THCONGRESS |
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3 | 3 | | 1 |
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4 | 4 | | STSESSION H. R. 952 |
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5 | 5 | | To convey the reversionary interest of the United States in certain land |
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6 | 6 | | in Sacramento, California. |
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7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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8 | 8 | | FEBRUARY4, 2025 |
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9 | 9 | | Ms. M |
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10 | 10 | | ATSUIintroduced the following bill; which was referred to the |
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11 | 11 | | Committee on Natural Resources |
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12 | 12 | | A BILL |
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13 | 13 | | To convey the reversionary interest of the United States |
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14 | 14 | | in certain land in Sacramento, California. |
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15 | 15 | | Be it enacted by the Senate and House of Representa-1 |
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16 | 16 | | tives of the United States of America in Congress assembled, 2 |
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17 | 17 | | SECTION 1. SHORT TITLE. 3 |
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18 | 18 | | This Act may be cited as the ‘‘Reversionary Interest 4 |
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19 | 19 | | Conveyance Act’’. 5 |
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20 | 20 | | SEC. 2. CONVEYANCE OF UNITED STATES INTEREST IN 6 |
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21 | 21 | | CERTAIN LAND. 7 |
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22 | 22 | | (a) D |
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23 | 23 | | EFINITIONS.—In this section: 8 |
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24 | 24 | | (1) C |
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25 | 25 | | OVERED LAND.—The term ‘‘covered land’’ 9 |
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26 | 26 | | means the approximately 8.43 acres of land under 10 |
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27 | 27 | | VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H952.IH H952 |
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28 | 28 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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29 | 29 | | •HR 952 IH |
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30 | 30 | | the administrative jurisdiction of the Bureau of 1 |
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31 | 31 | | Land Management in Sacramento, California, as 2 |
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32 | 32 | | generally depicted as ‘‘Proposed Easements to be 3 |
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33 | 33 | | Released’’ on the map titled ‘‘Lands Proposed for 4 |
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34 | 34 | | Release from Any and All Reversionary Interests of 5 |
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35 | 35 | | the United States, including interests under the Act 6 |
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36 | 36 | | of July 1, 1862 (12 Stat. 489)’’, dated November 7, 7 |
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37 | 37 | | 2022. 8 |
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38 | 38 | | (2) B |
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39 | 39 | | UYER.—(A) The term ‘‘buyer’’ means the 9 |
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40 | 40 | | owner of record of any of the parcels included in the 10 |
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41 | 41 | | covered land at the time of the requested convey-11 |
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42 | 42 | | ance. 12 |
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43 | 43 | | (B) Buyer may only request and purchase the 13 |
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44 | 44 | | covered land’s reversionary interest for the parcels of 14 |
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45 | 45 | | which the owner is the owner of record at the time 15 |
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46 | 46 | | of request. 16 |
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47 | 47 | | (3) R |
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48 | 48 | | EVERSIONARY INTEREST .—The term ‘‘re-17 |
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49 | 49 | | versionary interest’’ means all reversionary interests 18 |
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50 | 50 | | of the United States in the covered land. 19 |
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51 | 51 | | (4) S |
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52 | 52 | | ECRETARY.—The term ‘‘Secretary’’ means 20 |
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53 | 53 | | the Secretary of the Interior, acting through the Bu-21 |
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54 | 54 | | reau of Land Management. 22 |
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55 | 55 | | (b) C |
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56 | 56 | | ONVEYANCE.—Not later than two years after 23 |
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57 | 57 | | the Secretary receives a request from the buyer, the Sec-24 |
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58 | 58 | | retary shall offer to the buyer the applicable reversionary 25 |
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59 | 59 | | VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H952.IH H952 |
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60 | 60 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 3 |
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61 | 61 | | •HR 952 IH |
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62 | 62 | | interest subject to the requirements in subsection (c), and 1 |
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63 | 63 | | shall convey the lands to buyer upon payment of the ap-2 |
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64 | 64 | | praised value. 3 |
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65 | 65 | | (c) R |
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66 | 66 | | EQUIREMENTS.—Any conveyance under this sec-4 |
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67 | 67 | | tion— 5 |
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68 | 68 | | (1) shall be subject to valid existing rights; and 6 |
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69 | 69 | | (2) shall be for not less than fair market value. 7 |
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70 | 70 | | (d) P |
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71 | 71 | | AYMENT OFFAIRMARKETVALUE.—The Sec-8 |
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72 | 72 | | retary shall determine the fair market value of the applica-9 |
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73 | 73 | | ble reversionary interest— 10 |
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74 | 74 | | (1) in accordance with the Federal Land Policy 11 |
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75 | 75 | | and Management Act of 1976 (43 U.S.C. 1701 et 12 |
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76 | 76 | | seq.); and 13 |
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77 | 77 | | (2) based on an appraisal that is conducted in 14 |
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78 | 78 | | accordance with— 15 |
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79 | 79 | | (A) the Uniform Appraisal Standards for 16 |
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80 | 80 | | Federal Land Acquisitions; and 17 |
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81 | 81 | | (B) the Uniform Standards of Professional 18 |
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82 | 82 | | Appraisal Practice. 19 |
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83 | 83 | | (e) C |
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84 | 84 | | OSTS.—In addition to the fair market value de-20 |
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85 | 85 | | termined under subsection (d), the buyer shall pay all 21 |
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86 | 86 | | costs related to the applicable conveyance of the rever-22 |
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87 | 87 | | sionary inter est, including all surveys, appraisals, and 23 |
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88 | 88 | | other administrative costs. 24 |
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89 | 89 | | VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H952.IH H952 |
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90 | 90 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 4 |
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91 | 91 | | •HR 952 IH |
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92 | 92 | | (f) PROCEEDSFROM THESALE OFLAND.—The pro-1 |
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93 | 93 | | ceeds from the sale of the applicable reversionary interest 2 |
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94 | 94 | | shall be— 3 |
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95 | 95 | | (1) deposited in the Federal Land Disposal Ac-4 |
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96 | 96 | | count established by section 206(a) of the Federal 5 |
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97 | 97 | | Land Transaction Facilitation Act (43 U.S.C. 6 |
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98 | 98 | | 2305(a)); and 7 |
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99 | 99 | | (2) used in accordance with that Act. 8 |
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100 | 100 | | SEC. 3. STATUTORY CONSTRUCTION. 9 |
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101 | 101 | | Nothing in this Act shall— 10 |
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102 | 102 | | (1) diminish the right-of-way associated with 11 |
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103 | 103 | | the covered land in section 2 to a width of less than 12 |
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104 | 104 | | 50 feet on each side of the center of the main track 13 |
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105 | 105 | | or tracks established and maintained by the South-14 |
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106 | 106 | | ern Pacific Transportation Company on the date of 15 |
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107 | 107 | | the enactment of this Act; or 16 |
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108 | 108 | | (2) validate or confirm any right or title to, or 17 |
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109 | 109 | | interest in the land referred to in section 2 arising 18 |
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110 | 110 | | out of adverse possession, prescription, or abandon-19 |
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111 | 111 | | ment, and not confirmed by conveyance made by the 20 |
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112 | 112 | | Southern Pacific Transportation Company before 21 |
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113 | 113 | | the date of the enactment of this Act. 22 |
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114 | 114 | | Æ |
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115 | 115 | | VerDate Sep 11 2014 03:41 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6301 E:\BILLS\H952.IH H952 |
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116 | 116 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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