Acre In, Acre Out: No Net Increase in Federal Land
This act introduces a rule that if federal agencies (like the National Park Service or Forest Service) want to acquire new land, they must sell an equal amount of other federal land. The goal is to prevent an increase in the total acreage of land managed by the federal government. Citizens might see more federal land offered for sale, with proceeds going towards reducing the national debt.
Key points
Federal agencies must sell an equal amount of land for every acre they acquire, preventing a net increase in federal land.
Land for sale will be offered at fair market value, with prices decreasing monthly if not sold.
Proceeds from land sales will be deposited into the Treasury to reduce public debt.
Exemptions apply to easements acquired for managing existing federal lands.
Expired
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