Federal Land Transaction Facilitation Act
The Federal Land Transaction Facilitation Act (FLTFA) was signed into law on July 25, 2000 for an initial period of 10 years and reauthorized in perpetuity on March 23, 2018.
Under FLTFA, revenues from the sale or exchange of BLM-managed public lands that have been identified for disposal in approved land use plans are deposited into a Federal Land Disposal Account for use in purchasing other lands (or interests therein, such as easements) with high conservation or recreation value.
Update
The BLM posted a Federal Register Notice on May 28, 2024 called the "Land Acquisition Nomination and Ranking Process for Funds Made Available Through the Federal Land Transaction Facilitation Act Reauthorization of 2018."
Lands or interests purchased using the Account must be:
- inholdings
- adjacent to federally designated areas and contain exceptional resources, or
- adjacent to lands that are open to public recreational activities, but to which there is no or restricted public access, and that consist of at least 640 contiguous acres.
The BLM coordinates its FLTFA program with the U.S. Fish and Wildlife Service, the National Park Service and the U.S. Forest Service under an interagency agreement.