H.R. 952 · Passed both chambers · Public Lands and Natural Resources

Reversionary Interest Conveyance Act

Sponsor: Doris O. Matsui (D-CA)

What it does

• Directs the Bureau of Land Management to offer to sell the reversionary interest of the United States in approximately 8.43 acres of land in Sacramento, California.
• Requires the BLM to offer and convey the reversionary interest within two years of receiving a request from the current land owner.
• Sets the sale price at fair market value of the reversionary interest, with the buyer covering all transaction costs including surveys, appraisals, and administrative expenses.
• Deposits proceeds from the sale into the Federal Land Disposal Account.

Official summary

Reversionary Interest Conveyance Act This bill directs the Bureau of Land Management (BLM) to offer to sell the reversionary interest of the United States in approximately 8.43 acres of land in Sacramento, California, as generally depicted on a specified map dated November 7, 2022. Within two years of receiving a request from the owner of the land, the BLM must offer the reversionary interest and convey the reversionary interest to the buyer upon payment. The payment must be in an amount that is at least the fair market value of the reversionary interest. The buyer must also pay all costs related to the applicable conveyance of the reversionary interest, including all surveys, appraisals, and other administrative costs. The bill subjects the conveyance to valid existing rights. The proceeds from the sale must be deposited into Federal Land Disposal Account.

Latest action

Sep 24, 2026: Message on Senate action sent to the House.

Committee: Senate Energy and Natural Resources