II 

118TH CONGRESS 

2D SESSION S. 5342 

To provide for the disposition of proceeds from sales of Bureau of Land 

Management land and National Forest System land in Washoe County, 

Nevada, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

NOVEMBER 19, 2024 

Ms. ROSEN introduced the following bill; which was read twice and referred 

to the Committee on Energy and Natural Resources 

A BILL 

To provide for the disposition of proceeds from sales of 

Bureau of Land Management land and National Forest 

System land in Washoe County, Nevada, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Truckee Meadows Spe5 cial Account Establishment Act’’. 

6 SEC. 2. DEFINITIONS. 

7 (a) DEFINITIONS.—In this Act: 


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1 (1) COUNTY.—The term ‘‘County’’ means 

2 Washoe County, Nevada. 

3 (2) SECRETARY CONCERNED.—The term ‘‘Sec4 retary concerned’’ means— 

5 (A) the Secretary of the Interior, with re6 spect to Bureau of Land Management land; and 

7 (B) the Secretary of Agriculture, with re8 spect to National Forest System land. 

9 (3) SPECIAL ACCOUNT.—The term ‘‘special ac10 count’’ means the account in the Treasury of the 

11 United States established by section 3(a)(3). 

12 (4) STATE.—The term ‘‘State’’ means the State 

13 of Nevada. 

14 SEC. 3. DISPOSITION OF PROCEEDS FROM SALES OF CER15 TAIN FEDERAL LAND IN WASHOE COUNTY, 

16 NEVADA. 

17 (a) DISPOSITION OF PROCEEDS.—Notwithstanding 

18 any other provision of law, of the proceeds from any sale 

19 of Bureau of Land Management or National Forest Sys20 tem land in the County after the date of enactment of 

21 this Act— 

22 (1) 5 percent shall be disbursed to the State for 

23 use in the general education programs of the State; 

24 (2) 10 percent shall be disbursed to the County, 

25 the city of Reno, Nevada, and the city of Sparks, 


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1 Nevada, for conservation projects along the Truckee 

2 River; and 

3 (3) 85 shall be deposited in a special account in 

4 the Treasury of the United States, to be known as 

5 the ‘‘Truckee Meadows Special Account’’, which 

6 shall be available to the Secretary concerned, with7 out further appropriation and without fiscal year 

8 limitation, for— 

9 (A) the acquisition of environmentally sen10 sitive land in the State in accordance with sec11 tion 5 of the Southern Nevada Public Land 

12 Management Act of 1998 (Public Law 105– 

13 263; 112 Stat. 2347), with priority given to 

14 land located in the County; 

15 (B) the costs of— 

16 (i) processing and managing designa17 tions in the National Landscape Conserva18 tion System within the County; and 

19 (ii) managing the Mount Rose Wilder20 ness; 

21 (C) the development of parks, trails, and 

22 natural areas in the County pursuant to an ap23 propriate financial assistance agreement with 

24 the County, the city of Reno, Nevada, and the 

25 city of Sparks, Nevada; 


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1 (D) the development and implementation 

2 of comprehensive, cost-effective, multijuris3 dictional hazardous fuels reduction and wildfire 

4 prevention plans for the County and the Lake 

5 Tahoe Basin, pursuant to an appropriate finan6 cial assistance agreement; 

7 (E) the development and implementation 

8 of fuels reduction projects and forest and 

9 rangeland restoration projects on Humboldt10 Toiyabe National Forest System land within 

11 the County; 

12 (F) the conduct of Federal environmental 

13 restoration projects included in the environ14 mental improvement program adopted by the 

15 Tahoe Regional Planning Agency in accordance 

16 with the Lake Tahoe Restoration Act (Public 

17 Law 106–506; 114 Stat. 2351); 

18 (G) capital improvements in areas of the 

19 County administered by the Secretary con20 cerned; 

21 (H) the reimbursement of costs incurred 

22 by the Secretary concerned in carrying out sales 

23 or exchanges of Bureau of Land Management 

24 land or National Forest System land in the 

25 County; 


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1 (I) the reimbursement of any costs in2 curred by the local office of the Bureau of Land 

3 Management or Forest Service to clear debris 

4 from and protect Bureau of Land Management 

5 land or National Forest System land in the 

6 County that is available for disposal or reserved 

7 for affordable housing; and 

8 (J) the reimbursement of any costs in9 curred by the Secretary concerned for oversight 

10 of expenditures from the special account under 

11 this paragraph. 

12 (b) INVESTMENT OF SPECIAL ACCOUNT.—Any 

13 amounts deposited in the special account— 

14 (1) shall earn interest in an amount determined 

15 by the Secretary of the Treasury, based on the cur16 rent average market yield on outstanding marketable 

17 obligations of the United States of comparable ma18 turities; and 

19 (2) may be expended by the Secretary con20 cerned in accordance with subsection (a)(3). 

Æ 


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