SECTION 1. DEFINITIONS. 
In this Act: 
(1) FEDERAL LAND.—The term ‘‘Federal land’’ 
means the approximately 115 acres of Bureau of 
Land Management land identified on the map as 
‘‘Lands identified for Las Vegas Speedway Parking 
Lot Expansion’’. 
(2) MAP.—The term ‘‘map’’ means the map ti-
tled ‘‘Las Vegas Speedway Parking Lot Expansion’’, 
dated March 6, 2009, and on file in the Office of the 
Director of the Bureau of Land Management. 
(3) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of the Interior. 
SEC. 2. CONVEYANCE OF FEDERAL LAND TO NEVADA 
SPEEDWAY. 
(a) IN GENERAL.—If Nevada Speedway, LLC, sub-
mits to the Secretary an offer to acquire the Federal land 
for the appraised value, notwithstanding the land use 
planning requirements of section 202 and 203 of the Fed-
eral Land Policy and Management Act of 1976 (43 U.S.C. 
1712, 1713), the Secretary shall convey to Nevada Speed-
way, LLC, all right, title, and interest in and to the Fed-
eral land, subject to valid existing rights. 
(b) APPRAISAL.— 
(1) IN
GENERAL.—Not later than 120 days 
after the date of enactment of this Act, the Sec-
retary shall complete an appraisal of the Federal 
land. 
(2) APPLICABLE
LAW.—The appraisal under 
paragraph (1) shall be conducted in accordance 
with— 
(A) the Uniform Appraisal Standards for 
Federal Land Acquisitions; and 
(B) the Uniform Standards of Professional 
Appraisal Practice. 
(3) COSTS.—All costs associated with the ap-
praisal required under paragraph (1) shall be paid 
by Nevada Speedway, LLC. 
(c) PAYMENT OF CONSIDERATION.—As a condition 
of the conveyance, Nevada Speedway, LLC, shall pay to 
the Secretary an amount equal to the appraised value of 
the Federal land, as determined under subsection (b). 
(d) COSTS OF CONVEYANCE.—As a condition of the 
conveyance, any costs of the conveyance under subsection 
(a) shall be paid by Nevada Speedway, LLC. 
(e) REVERSION.—If Nevada Speedway, LLC, or any 
subsequent owner of the Federal land conveyed under sub-
section (a), uses the Federal land for purposes other than 
a parking lot for the Nevada Motor Speedway, all right, 
title, and interest in and to the land (and any improve-
ments to the land) shall revert to the United States at 
the discretion of the Secretary. 
(f) COMPLIANCE.—Except as otherwise provided in 
this Act, the conveyance authorized in this section shall 
be carried out in compliance with all laws and regulations 
applicable to the conveyance of Federal land. 
SEC. 3. WITHDRAWAL OF FEDERAL LAND. 
(a) WITHDRAWAL.—Except as provided in section 
2(a) and subject to valid existing rights, the Federal land 
is withdrawn from— 
(1) all forms of entry, appropriation, and dis-
posal under the public land laws; 
(2) location, entry, and patent under the mining 
laws; and 
(3) operation of the mineral leasing, mineral 
materials, and geothermal leasing laws. 
(b) TERMINATION.—If 2 years after the date of the 
enactment of this Act, the conveyance authorized under 
section 2 has not been executed, the withdrawal under 
subsection (a) shall have no force or effect.
SEC. 4. SUNSET. 
The authority provided to the Secretary under this 
Act shall terminate 5 years after the date of the enactment 
of this Act. 
Passed the House of Representatives July 16, 2009. 
Attest: 
Clerk.
111TH CONGRESS 
1ST SESSION 
H. R. 409 
AN ACT 
To provide for the conveyance of certain Bureau of 
Land Management land in the State of Nevada 
to the Las Vegas Motor Speedway, and for other 
purposes.