Reversionary Interest Conveyance Act

Sponsor: Doris O. Matsui (Democratic-CA)

AI-generated ?

Report an error

Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Placed on Senate Legislative Calendar under General Orders. Calendar No. 491.

Sacramento landowners could buy back a government interest in about 8.43 acres of their property.

This bill would let current owners of about 8.43 acres of land in Sacramento, California, buy back a government claim on their property. If passed, these landowners could gain full ownership by paying the fair market value and related costs. The Bureau of Land Management would handle these sales.

What Would Change

Today, the U.S. government holds a "reversionary interest" in about 8.43 acres of land in Sacramento, California, meaning it has a future claim to the land. If this bill becomes law, the current owners of these specific parcels would be able to buy that government interest, gaining full ownership of their property. They would pay the fair market value and all related costs for this purchase.

Key Provisions

Lets owners of about 8.43 acres in Sacramento buy a government interest in their land.
Requires the government to offer this interest within two years of a landowner's request.
Requires landowners to pay the fair market value and all related costs, like appraisals and surveys.
Protects an existing 50-foot right-of-way for the Southern Pacific Transportation Company.
Clarifies that the bill does not create new ownership rights from adverse possession or abandonment.
Deposits money from these sales into a federal land account.

View on Congress.gov

HR 952 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10

Lobbying Activity

2 filings mentioned this bill

Top Lobbying Clients

FIDELITY NATIONAL TITLE INSURANCE COMPANY

$80K

4 filings

Top Lobbying Firms

1.BEST BEST & KRIEGER LLP4 filings

Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.