The Federal Land Transaction Facilitation Act was passed by Congress and signed into law on July 25, 2000 (P.L. 106-248) and expired on July 25, 2011. However, it was reauthorized in perpetuity as the Federal Land Transaction Facilitation Act Reauthorization of 2018 on March 23, 2018 under Title III of P.L. 115-141 (together referred to as FLTFA). The FLTFA provides for the allocation and expenditure of revenues from the sale or exchange of public land managed by the Bureau of Land Management (BLM), lands that have been identified for disposal under approved land use plans under section 202 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712). Revenue generated from the sale or exchange of public land is deposited into a Federal Land Disposal Account (FLTFA Account) created by the FLTFA. Those funds are then used to purchase land with high conservation and recreation value.
The FLTFA authorizes the Secretary of the Interior and the Secretary of Agriculture to expend the revenue in the FLTFA Account to purchase lands or interests therein that are otherwise authorized by law to be acquired and that are:
- adjacent to federal designated areas and contain exceptional resources; or
- adjacent to inaccessible lands that are open to public hunting, fishing, recreational shooting, or other recreational purposes to which there is no or restricted public access or egress and that consist of at least 640 contiguous acres as defined in the FLTFA.
The FLTFA requires the BLM develop and implement a FLTFA Program, consisting of: 1) convey lands that are determined to be suitable for disposal where the revenue would be deposited into the FLTFA Account, and 2) management of a land acquisition program. The BLM initiated the first step on January 2022, together with the U.S. Fish and Wildlife Service (FWS), the National Park Service (NPS), and the U.S. Forest Service (USFS) by entering into, and finalized, the Interagency Implementation Agreement (Agreement). The Agreement outlines the provisions of FLTFA and each agency’s roles and responsibilities in implementing the land acquisition provisions of FLTFA.