[119th Congress Public Law 135]
[From the U.S. Government Publishing Office]



[[Page 140 STAT. 1098]]

Public Law 119-135
119th Congress

                                 An Act


 
To convey the reversionary interest of the United States in certain land 
    in Sacramento, California. <<NOTE: Oct. 22, 2026 -  [H.R. 952]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, <<NOTE: Reversionary 
Interest Conveyance Act.>> 
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Reversionary Interest Conveyance 
Act''.
SEC. 2. CONVEYANCE OF UNITED STATES INTEREST IN CERTAIN LAND.

    (a) Definitions.--In this section:
            (1) Covered land.--The term ``covered land'' means the 
        approximately 8.43 acres of land under the administrative 
        jurisdiction of the Bureau of Land Management in Sacramento, 
        California, as generally depicted as ``Proposed Easements to be 
        Released'' on the map titled ``Lands Proposed for Release from 
        Any and All Reversionary Interests of the United States, 
        including interests under the Act of July 1, 1862 (12 Stat. 
        489)'', dated November 7, 2022.
            (2) Buyer.--(A) The term ``buyer'' means the owner of record 
        of any of the parcels included in the covered land at the time 
        of the requested conveyance.
            (B) Buyer may only request and purchase the covered land's 
        reversionary interest for the parcels of which the owner is the 
        owner of record at the time of request.
            (3) Reversionary interest.--The term ``reversionary 
        interest'' means all reversionary interests of the United States 
        in the covered land.
            (4) Secretary.--The term ``Secretary'' means the Secretary 
        of the Interior, acting through the Bureau of Land Management.

    (b) <<NOTE: Deadline.>>  Conveyance.--Not later than two years after 
the Secretary receives a request from the buyer, the Secretary shall 
offer to the buyer the applicable reversionary interest subject to the 
requirements in subsection (c), and shall convey the lands to buyer upon 
payment of the appraised value.

    (c) Requirements.--Any conveyance under this section--
            (1) shall be subject to valid existing rights; and
            (2) shall be for not less than fair market value.

    (d) <<NOTE: Determination.>>  Payment of Fair Market Value.--The 
Secretary shall determine the fair market value of the applicable 
reversionary interest--
            (1) in accordance with the Federal Land Policy and 
        Management Act of 1976 (43 U.S.C. 1701 et seq.); and

[[Page 140 STAT. 1099]]

            (2) <<NOTE: Appraisal.>>  based on an appraisal that is 
        conducted in accordance with--
                    (A) the Uniform Appraisal Standards for Federal Land 
                Acquisitions; and
                    (B) the Uniform Standards of Professional Appraisal 
                Practice.

    (e) Costs.--In addition to the fair market value determined under 
subsection (d), the buyer shall pay all costs related to the applicable 
conveyance of the reversionary inter est, including all surveys, 
appraisals, and other administrative costs.
    (f) Proceeds From the Sale of Land.--The proceeds from the sale of 
the applicable reversionary interest shall be--
            (1) deposited in the Federal Land Disposal Account 
        established by section 206(a) of the Federal Land Transaction 
        Facilitation Act (43 U.S.C. 2305(a)); and
            (2) used in accordance with that Act.
SEC. 3. STATUTORY CONSTRUCTION.

    Nothing in this Act shall--
            (1) diminish the right-of-way associated with the covered 
        land in section 2 to a width of less than 50 feet on each side 
        of the center of the main track or tracks established and 
        maintained by the Southern Pacific Transportation Company on the 
        date of the enactment of this Act; or
            (2) validate or confirm any right or title to, or interest 
        in the land referred to in section 2 arising out of adverse 
        possession, prescription, or abandonment, and not confirmed by 
        conveyance made by the Southern Pacific Transportation Company 
        before the date of the enactment of this Act.

    Approved October 22, 2026.

LEGISLATIVE HISTORY--H.R. 952:
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CONGRESSIONAL RECORD:
                                                        Vol. 171 (2025):
                                    May 13, considered and passed House.
                                                        Vol. 172 (2026):
                                    Sept. 22, considered and passed 
                                        Senate.

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