I 
109TH CONGRESS 
1ST SESSION H. R. 1467 
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. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 5, 2005 
Mr. GIBBONS (for himself, Mr. PORTER, and Ms. BERKLEY) introduced the 
following bill; which was referred to the Committee on Resources 
A BILL 
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. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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 en-
titled ‘‘Las Vegas Motor Speedway Improvement 
Act’’, dated February 4, 2005, and on file in the Of-
fice of the Director of the Bureau of Land Manage-
ment. 
(3) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of the Interior. 
SEC. 2. CONVEYANCE OF FEDERAL LAND TO NEVADA 
SPEEDWAY. 
(a) IN GENERAL.—If, not later than 30 days after 
the date of completion of the appraisal required under sub-
section (b), Nevada Speedway, LLC, submits to the Sec-
retary an offer to acquire the Federal land for the ap-
praised value, notwithstanding the land use planning re-
quirements of section 202 and 203 of the Federal Land 
Policy and Management Act of 1976 (43 U.S.C. 1712, 
1713), the Secretary shall, not later than 30 days after 
the date of the offer, convey to Nevada Speedway, LLC, 
the Federal land, subject to valid existing rights. 
(b) APPRAISAL.— 
(1) IN GENERAL.—Not later than 90 days after 
the date of enactment of this Act, the Secretary 
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.—Not later than 
30 days after the date on which the Federal land is con-
veyed under subsection (a), as a condition of the convey-
ance, 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 Speedway, all right, title, 
and interest in and to the land (and any improvements
to the land) shall revert to the United States at the discre-
tion of the Secretary. 
(f) DISPOSITION OF PROCEEDS.—The Secretary shall 
deposit the proceeds from the conveyance of Federal land 
under subsection (a) in accordance with section 4(e)(1) of 
the Southern Nevada Public Land Management Act of 
1998 (112 Stat. 2345). 
SEC. 3. WITHDRAWAL OF FEDERAL LAND. 
(a) IN GENERAL.—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) TERM OF WITHDRAWAL.—The withdrawal of the 
Federal land under subsection (a) shall be in effect for 
the period beginning on the date of enactment of this Act 
and ending on the earlier of— 
(1) the date that is 2 years after the date of en-
actment of this Act; or
(2) the date of the completion of the conveyance 
of Federal land under section 2(a). 
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