Federal Land Transaction Facilitation Act Restrictions and ...

FLTFA Requirements on
Use of Revenue and Other
Key Provisions
FLTFA places a number of requirements on the use of revenue generated
under the act. Among these requirements, BLM must provide 4 percent of
sale proceeds to the state in which revenue was raised for education and
transportation purposes. 16 Figure 2 illustrates these requirements using an
example of $1 million in revenue.
Figure 2: Requirements for Using FLTFA Revenue
At least 80 percent for land acquisitions
($768,000)
FLTFA Revenue
(Example $1,000,000)
96 percent deposited into
FLTFA account
($960,000)
At least 80 percent to be
used in the state
($614,400)
No more than 20 percent to be
used outside out of the state
($153,600)
4 percent paid to state
($40,000)
No more than 20 percent for administrative
costs to prepare FLTFA-eligible sales
($192,000)
At least 80 percent of which must be
for the purchase of inholdings
($491,520)
Source: GAO analysis of FLTFA and BLM’s Instruction Memorandum No. 2007-205, September 25, 2007.
Note: With the exception of the amount designated for inholdings, the steps depicted in this figure
under the 96 percent deposited into the FLTFA account are subactivity accounts established in BLM’s
Federal Financial System to record the fund allocations as authorized by FLTFA.
16 See Pub. L. 136, August 31, 1951 (65 Stat. 248, 252).
Page 12 GAO-08-196 Federal Land Management