Reversionary Interest Conveyance Act

This bill lets the landowner of a specific 8.43-acre property in Sacramento, California, buy the federal government’s “reversionary interest” in that land. The Bureau of Land Management must offer the sale within two years after the owner asks, and the price must be at least fair market value. The buyer must also pay related costs, like surveys, appraisals, and other administrative fees. Money from the sale goes into a federal land account. The deal keeps any existing rights in place.

The bill does not shrink the railroad right-of-way on the property; it stays at least 50 feet from the center of the tracks on each side. It also does not confirm any claims to the land based on adverse possession or abandonment.

• Who is affected: The Sacramento landowner and the Bureau of Land Management.
• What changes: The landowner can buy the federal reversionary interest at fair market value and must pay all related costs; proceeds go to the Federal Land Disposal Account; existing rights remain.
• When: BLM must offer the sale within two years after the landowner requests it.