Sale of certain Federal land

(a) Transfers of administrative jurisdiction (1) Forest Service land Administrative jurisdiction over the following parcels of Federal land in the Humboldt-Toiyabe National Forest is transferred from the Secretary of Agriculture to the Secretary: (A) The land identified as USFS Land for Disposal on the map entitled Truckee Meadows Public Lands Management Act—Land Disposals and dated December 6, 2024. (B) The land identified as USFS Land for Disposal Only for Affordable Housing on the map entitled Truckee Meadows Public Lands Management Act—Land Disposals and dated December 6, 2024. (2) Bureau of Reclamation land Administrative jurisdiction over the Federal land identified as BOR land for Disposal on the map entitled Truckee Meadows Public Lands Management Act—Land Disposals and dated December 6, 2024, is transferred from the Commissioner of Reclamation to the Secretary. (b) Authorization (1) In general As soon as practicable after the date of enactment of this Act, the Secretary, in accordance with this subsection, the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1701 et seq.), and other applicable laws, shall identify Federal land located in the County to be offered for sale, from Federal land— (A) that has been identified as suitable for disposal in the Carson City Consolidated Resource Management Plan in existence on the date of enactment of this Act; and (B) identified as BLM Land for Disposal on the map entitled Truckee Meadows Public Land Management Act—Land Disposals and dated December 6, 2024. (2) Evaluation of additional land for potential disposal (A) In general Notwithstanding section 202 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712), the Secretary shall, not later than 1 year after the date of enactment of this Act, evaluate the following Federal land to assess the suitability of the evaluated Federal land for disposal in accordance with section 203(a) of that Act (43 U.S.C. 1713(a)): (i) The parcels of Federal land depicted as Additional BLM Land Potentially Available for Disposal on the map entitled Truckee Meadows Public Lands Management Act—Land Disposals and dated December 6, 2024. (ii) The parcels of Federal land transferred to the Secretary under paragraphs (1)(A) and (2) of subsection (a). (B) Sale The parcels of Federal land identified by the Secretary as suitable for disposal under subparagraph (A) may be offered for sale in accordance with this section. (c) Joint selection required; determination regarding suitability for affordable housing (1) In general The Secretary and the County shall jointly select which parcels of the Federal land described in subsection (b)(1) and identified as suitable for disposal in paragraph (2) to offer for sale under this subsection. (2) Determination During the selection process under paragraph (1), the Secretary and the County shall evaluate whether any parcels of the Federal land described in that paragraph are suitable for affordable housing. (3) Conveyance If a parcel of Federal land is determined to be suitable for affordable housing under paragraph (2), on request of a State or local governmental entity, the applicable parcel of Federal land shall be made available at less than fair market value to the governmental entity in accordance with section 7(b) of the Southern Nevada Public Land Management Act of 1998 (Public Law 105–263; 112 Stat. 2349). (4) Survey The exact acreage and legal description of a parcel of Federal land to be conveyed under paragraph (3) shall be determined by a survey satisfactory to the Secretary. (d) Compliance with local planning and zoning laws Before carrying out a sale of Federal land under subsection (b), the County shall submit to the Secretary a certification that qualified bidders have agreed to comply with— (1) County zoning ordinances; and (2) any master plan for the area approved by the County or region. (e) Method of sale The sale of Federal land under subsection (b) shall be— (1) through a competitive bidding process, unless otherwise determined by the Secretary; and (2) for not less than fair market value. (f) Withdrawal Subject to valid existing rights, the parcels of Federal land described in subsection (b)(1) that are selected pursuant to subsection (c)(1) are withdrawn from— (1) all forms of entry, appropriation, or disposal under the public land laws; (2) location, entry, and patent under the mining laws; and (3) disposition under all laws relating to mineral and geothermal leasing or mineral materials. (g) Postponement; exclusion from sale At the request of the County, the Secretary shall postpone or exclude from sale all or a portion of the Federal land described in subsection (b). (h) Affordable housing (1) Determination regarding suitability for affordable housing Not later than 90 days after the date of enactment of this Act, the Secretary shall conduct a review of the Federal land described in paragraph (3) to determine the suitability of the Federal land for affordable housing purposes. (2) Authorization Notwithstanding sections 202 and 203 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712, 1713), on the request of a State or local governmental entity, the Secretary shall make the Federal land described in paragraph (3) available at less than fair market value for affordable housing purposes, in accordance with section 7(b) of the Southern Nevada Public Land Management Act of 1998 (Public Law 105–263; 112 Stat. 2349). (3) Description of Federal land The Federal land referred to in paragraphs (1) and (2) is the approximately 33 acres of Federal land identified as BLM Land for Disposal Only for Affordable Housing and USFS Land for Disposal Only for Affordable Housing on the map entitled Truckee Meadows Public Lands Management Act—Land Disposals and dated December 6, 2024. (i) Disposition of proceeds (1) In general Of the proceeds of a sale under this Act— (A) 5 percent shall be disbursed to the State for use in the general education programs of the State; (B) 10 percent shall be disbursed to the County, the city of Reno, Nevada, and the city of Sparks, Nevada, for conservation projects along the Truckee River; and (C) 85 percent shall be deposited in a special account in the Treasury of the United States, to be known as the Truckee Meadows Special Account, which shall be available to the Secretary concerned, without further appropriation and until expended, for— (i) the acquisition of environmentally sensitive land in the State in accordance with section 5 of the Southern Nevada Public Land Management Act of 1998 (Public Law 105–263; 112 Stat. 2347), with priority given to land located in the County; (ii) the costs of— (I) processing and managing designations in the National Landscape Conservation System within the County by the Secretary concerned; and (II) managing the Mount Rose Wilderness by the Secretary concerned; (iii) the development of parks, trails, and natural areas in the County pursuant to a cooperative agreement with the County, the city of Reno, Nevada, and the city of Sparks, Nevada; (iv) the development and implementation of comprehensive, cost-effective, multijurisdictional hazardous fuels reduction and wildfire prevention plans for the County and the Lake Tahoe Basin; (v) the conduct of Federal environmental restoration projects included in the environmental improvement program adopted by the Tahoe Regional Planning Agency in accordance with the Lake Tahoe Restoration Act (Public Law 106–506; 114 Stat. 2351); (vi) capital improvements in areas of the County administered by the Secretary concerned; (vii) the reimbursement of costs incurred by the Secretary concerned in carrying out sales or exchanges under this Act; (viii) the reimbursement of any costs incurred by the local office of the Bureau of Land Management or the Forest Service to clear debris from and protect land that is available for disposal or reserved for affordable housing under this Act; and (ix) the reimbursement of any costs incurred by the Secretary concerned for oversight of expenditures from the special account under this subparagraph. (2) Investment of special account Any amounts deposited in the special account established under paragraph (1)(C)— (A) shall earn interest in an amount determined by the Secretary of the Treasury, based on the current average market yield on outstanding marketable obligations of the United States of comparable maturities; and (B) may be expended by the Secretary concerned in accordance with paragraph (1)(C).