Amendments to the Omnibus Public Land Management Act of 2009

(a) Amendment to reversionary interests Section 2601(b)(4) of the Omnibus Public Land Management Act of 2009 (Public Law 111–11; 123 Stat. 1111) is amended by inserting after subparagraph (D), the following: (E) Sale or lease of land to third parties (i) In general The City may enter into an agreement to sell, lease, or otherwise convey all or a portion of the land described in paragraph (2)(B)(iv) to third parties for economic development, recreation, or other public purposes. (ii) Condition A sale of land under clause (i) shall be for not less than fair market value.. (b) Postponement; exclusion from sale Section 2601(d) of the Omnibus Public Land Management Act of 2009 (Public Law 111–11; 123 Stat. 1112) is amended by striking paragraph (6) and inserting the following: (6) Deadline for sale Not later than 1 year after the date of enactment of the Carson City Public Land Correction Act, if there is a qualified bidder for the land described in subparagraphs (A) and (B) of paragraph (2), the Secretary of the Interior shall offer the land for sale to the qualified bidder..