American Land Act

2015-04-22

Introduced in House

American Land Act

Authorizes the Departments of the Interior and Agriculture, for each of FY2016-FY2021, to offer for competitive sale by auction to eligible entities 8% of the federal land managed by the Bureau of Land Management and 8% of the National Forest System land. Includes as an "eligible entity": (1) a U.S. citizen, or (2) a corporation or partnership created or organized in or under the laws of the United States.

Requires the land to be sold to: (1) be configured to maximize marketability or achieve management objectives, and (2) include the mineral rights for not more than 50% of the total acreage if such inclusion is likely to maximize marketability.

Requires proceeds to be deposited into the Highway Trust Fund.

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