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HR 952

Reversionary Interest Conveyance Act

119th Congress Introduced by Doris Matsui

HR 952 streamlines the transfer of reversionary interests in federal lands, enhancing efficiency for federal agencies and promoting easier land transactions for developers.

Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
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Bill Summary · HR 952

Summary of HR 952: Reversionary Interest Conveyance Act

Bill Overview

  • Bill Number: HR 952
  • Title: Reversionary Interest Conveyance Act
  • Introduced On: February 4, 2025
  • Current Status: Received in the Senate, read twice, and referred to the Committee on Energy and Natural Resources.

Purpose and Intent

The Reversionary Interest Conveyance Act aims to clarify and streamline the process of transferring reversionary interests in federal lands. Reversionary interests refer to the rights retained by the federal government to reclaim property under certain conditions after it has been conveyed to another party. This bill seeks to enhance the efficiency of land management and ensure that federal interests are adequately protected while facilitating land use for various purposes.

Key Provisions

  • Clarification of Reversionary Interests: The bill provides a clear definition of reversionary interests and outlines the conditions under which these interests can be conveyed or retained.
  • Streamlined Processes: It proposes a more efficient process for the transfer of reversionary interests, reducing bureaucratic hurdles that can delay land transactions.
  • Protection of Federal Interests: The legislation includes provisions to ensure that the federal government retains necessary rights to reclaim land if the terms of the conveyance are not met.

Affected Parties

  • Federal Government: The bill primarily impacts federal land management agencies by providing them with clearer guidelines and processes for handling reversionary interests.
  • State and Local Governments: These entities may benefit from more straightforward land transactions involving federal lands, potentially leading to increased development and land use opportunities.
  • Private Entities and Developers: Businesses and individuals seeking to acquire land with reversionary interests will find the process more accessible, promoting investment and development.

Legislative Timeline

  • February 4, 2025: The bill was introduced in the House and referred to the House Committee on Natural Resources.
  • May 13, 2025: The House debated the bill for forty minutes and passed it by voice vote after a motion to suspend the rules.
  • May 14, 2025: The bill was received in the Senate, read twice, and referred to the Committee on Energy and Natural Resources for further consideration.

Conclusion

HR 952 represents a significant step towards modernizing the management of federal lands by addressing the complexities surrounding reversionary interests. By clarifying definitions and streamlining processes, the bill aims to facilitate land use while safeguarding federal interests. The ongoing review by the Senate Committee on Energy and Natural Resources will determine the next steps for this legislation.

Compiled from official sources — confirm details with the bill’s official record.

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