Press Release: U.S. House passes Northern Nevada lands package

featured image

The House on Monday approved a package of Northern Nevada land bills that would create about 74,000 acres of federal wilderness while paving the way for development that could bring an estimated 1,000 high-paying jobs to Lyon County.

The House passed the Northern Nevada Land Conservation and Economic Development Act sponsored by Reps. Mark Amodei, R-Carson City, and Steven Horsford, D-Nev. The package of seven bills must still be approved by the Senate, where it has the support of Nevada Sens. Harry Reid, a Democrat, and Dean Heller, a Republican.

Amodei said he is grateful the House passed the package but frustrated it took so long. He is worried that the Senate will have little time to act in the few legislative days left this year.

“This is a bipartisan, consensus package, but I’m quite frankly worried about the ability to get anything through the Senate right now,” Amodei said in an interview Monday.

The bill with the biggest impact is the Lyon County Economic Development and Conservation Act, which would allow the city of Yerington to partner with Nevada Copper to buy and develop about 10,000 acres of land owned by the Bureau of Land Management.

The legislation would accelerate development of an open pit mine near an underground mine already under construction. The mine alone would create about 800 jobs that pay about $75,000 a year, Amodei said. The legislation also would allow development of an industrial park and recreation areas.

The bill would also designate about 48,000 acres in Lyon County as the Wovoka Wilderness Area, which would be protected from development. Local officials say that area has cultural significance to Native American tribes.

The wilderness designation was key to getting Democrats to support the Yerington bill. The legislation passed the House in the last Congress without the wilderness provision, but it died in the Senate.

“Yerington desperately needs an economic jolt, and this job-creating legislation will put Nevadans back to work,” Horsford said. “The Yerington Jobs Bill is an example of what we can get done in Washington when we put petty partisan differences aside and come together for the good of our constituents.”

Another bill in the Northern Nevada lands package would give Elko County and the Te-moak Tribe of Western Shoshone Indians of Nevada the opportunity to buy about 275 acres of federal land to be used as a motocross, bicycle, off-highway vehicle, or stock car racing area.

The legislation also creates a 26,000-acre Pine Forest Range Wilderness Area in Humboldt County. The bill directs the BLM to exchange federal land surrounding nearby ranches for private parcels within the wilderness area.

The bills passed by the House also would:

• Transfer about 400 acres of BLM land within the Fallon Naval Air Station to the secretary of the Navy to be used to provide housing for Navy families and allow the base to grow.

• Allow the city of Fernley to buy and develop about 9,100 acres of BLM land within the city boundaries.

• Allow the city of Carlin to buy and develop about 1,400 acres of BLM land surrounding the city.

• Transfer the surface rights to about 1,750 acres of BLM land in Virginia City to Storey County to resolve conflicting ownership and title claims in old mining areas.

Contact Erin Kelly at ekelly@gannett.com

Article Source: http://www.rgj.com/story/news/2014/09/15/us-house-passes-northern-nevada-lands-package/15693231/

Press Release: Reid Statement On House Passage of Northern Nevada Lands Bills

Harry Reid
Washington, DC – Nevada Senator Harry Reid released the following statement after the U.S. House of Representatives passed the Northern Nevada Land Conservation and Economic Development Act. This legislation contains language similar to that of legislation introduced in the Senate by Senator Reid and Senator Heller, including the Lyon County Economic Development and Conservation Act, the Pine Forest Recreation Enhancement Act, and the Elko Motocross and Tribal Conveyance Act.“Congratulations to Congressmen Horsford and Amodei on the successful passage of the Northern Nevada Land Conservation and Economic Development Act,” said Reid. “I am pleased to see bipartisan support for this bill in the House of Representatives. I commend my House colleagues on negotiating a compromise that could be supported by both sides of the aisle. These bills will bring much needed jobs to northern Nevada and protect some of Nevada’s most distinctive landscapes and I will work with Senator Heller to ensure their passage in the Senate.”

The Northern Nevada Land Conservation and Economic Development Act Includes the Following Measures:

Title I, the Pine Forest Range Recreation Enhancement Act: Would designate approximately 26,000 acres within the Blue Lakes and Alder Creek Wilderness Study Areas (WSAs) as the Pine Forest Range Wilderness Area and release approximately 1,000 acres of the existing WSA lands. The bill would also direct the Bureau of Land Management (BLM) to exchange federal lands surrounding nearby ranches for private parcels within the existing WSAs to allow for management of public lands and ensure the economic viability of privately owned ranches.

Title II, the Lyon County Economic Development and Conservation Act: Would enable the City of Yerington to partner with Nevada Copper to purchase, at fair market value, and develop approximately 10,000 acres of BLM land surrounding the Pumpkin Hollow project site for industrial, recreational, and infrastructure purposes. The bill would also designate approximately 48,000 acres in Lyon County as the Wovoka Wilderness Area.

Title III, the Carlin Economic Self-Determination Act: Would convey to the City of Carlin approximately 1,400 acres of BLM land surrounding the city for the purpose of multi-use development.

Title IV, the Fernley Economic Self-Determination Act: Would convey to the City of Fernley up to approximately 9,114 acres of BLM and Bureau of Reclamation (USBR) lands within the city boundaries at fair market value for the purpose of multi-use development.

Title V, the Restoring Storey County Act: Would transfer the surface rights to approximately 1,745 acres of BLM land in Virginia City to Storey County to resolve conflicting ownership and title claims.

Title VI, the Elko Motocross and Tribal Conveyance Act: Would convey to Elko County approximately 275 acres of BLM land to be used as a motocross, bicycle, off-highway vehicle, or stock car racing area. It would also put approximately 373 acres of land into trust for the Te-Moak Tribe of the Western Shoshone Indians of Nevada.

Title VII, the Naval Air Station Fallon Housing and Safety Development Act: Would transfer an approximately 400 acre BLM parcel within the confines of the Fallon Naval Air Station to the Secretary of the Navy. This land would be used for housing Navy families and would provide needed flexibility to grow the base.

###

Article Source: http://www.reid.senate.gov/press_releases/2014-09-15-reid-statement-on-house-passage-of-northern-nevada-lands-bills

Press Release: Heller Welcomes Passage of Northern Nevada Lands Bill in U.S. House

web1_dean_heller_081512_6

Commends Congressman Amodei for leading House efforts on public lands package

Amodei

(Washington, DC) – United States Senator Dean Heller (R-NV) welcomed passage of the Northern Nevada Land Conservation and Economic Development Act (H.R. 5205) by the House of Representatives earlier tonight. Introduced by Congressman Mark Amodei (R-NV), this legislation contains highly valued measures for the state of Nevada, including job-creating measures such as the Lyon County Economic Development and Conservation Act.

“From Day One, Mark worked extremely hard to negotiate a compromise with the Nevada House delegation and the Republican and Democrat House leadership. Public lands bills bring the Nevada delegation together, and Mark’s efforts to usher this legislation through the United States House of Representatives should be applauded. 

“I support this legislation and will work with Senator Reid and the Senate Energy and Natural Resources Committee to ensure this proposal appears on the President’s desk for signature prior to the end of the 113th Congress,” said Senator Heller.

Two of the largest components of H.R.5205 are the Lyon County Economic Development and Conservation Act and the Pine Forest Range Recreation Enhancement Act, two long-standing proposals that would spur economic development, enhance U.S. national security, and conserve areas where thousands of Nevadans hunt, fish, camp, and hike every year.  Both of these proposals were jointly introduced by Senator Heller and Senator Reid, and cleared the Senate Energy and Natural Resources Committee in 2013.

Senator Heller, a member of the Senate Energy and Natural Resources Committee, has also worked on counterparts to the Fernley Economic Self-Determination Act, the Elko Motocross and Tribal Conveyance Act and legislation to fix Storey County’s land issue, the Nevada Mining Townsite Conveyance Act. He supports all seven titles of Northern Nevada Public Lands package and will work to see them enacted before the end of this Congress.

###

Press Release: U.S. House of Representatives Unanimously Passes Lyon County Bill!!!

Lyon County Land Bill Big Google Search

NEWS RELEASE

TSX: NCU

 U.S. House of representatives Unanimously passes Lyon County Bill 

September 16, 2014 – Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or “Company”)is very pleased to announce that the U.S. House of Representatives has unanimously passed H.R. 5205, the Northern Nevada Land Conservation and Economic Development Act (“Northern Nevada Bill”) on Monday, September 15, 2014. That bill includes the Lyon County Economic Development and Conservation Act (the “Lyon County Bill” or “the Bill”).

With passage of the Lyon County Bill, permitting the much larger Stage 2 – 70,000 tons per day open pit mine can be finalized in early 2015 at the Company’s 100% owned Pumpkin Hollow copper project.  The project, located near Yerington, Nevada also includes a Stage 1 – 6,500 tons per day underground mine which is already permitted and in construction.

Attention now turns to passage of the Lyon County Bill in the Senate.  Both Majority Leader Senator Harry Reid (Democrat-Nevada) and Senator Dean Heller (Republican-Nevada) have previously stated their support when it was introduced on a bi-partisan basis in the Senate in 2013.  Passage of the Lyon County Bill by the Senate would allow for signature into law by President Obama in 2014. Once signed into law, the land acquisition must be completed within the six month period mandated by the Bill.  During this period, Nevada Copper would complete the remaining Stage 2 State permitting. Local and state officials are urging quick passage in the Senate, considering that the Lyon County Bill is not controversial and would have major economic benefits in one of the most economically depressed communities in Nevada and the nation.

Giulio Bonifacio, President and CEO, comments: “This is a significant milestone in our joint effort with Lyon County and the City of Yerington to pass the Lyon County Bill. Enactment of this Bill greatly enhances our ability to become fully permitted by early 2015 on our much larger Stage 2, open pit mine.  Our Stage 2 open pit mine currently represents proven and probable reserves of over 4.1 billion pounds of copper with a mine life of 22 years and annual average production of over 220 million pounds in the first 5 years.”

The Lyon County bill has received full, bipartisan support in the House and Senate that reflects years of efforts by local stakeholders, including the entire Nevada Congressional delegation, the County, the City, the Company, ranchers, recreationists, wilderness advocates, and external organizations to craft a compromise that works.

Timothy M. Dyhr, Vice President, Environment and External Relations, commented:  “This bill has been before Congress since 2011 and has been fully scrutinized. We commend Congressman Horsford, Congressman Amodei and new House Majority Leader Kevin McCarthy for getting this bill passed.  We look forward to passage in the Senate.”

 About Nevada Copper

The Company’s advanced stage Pumpkin Hollow project in Nevada consists of a fully permitted, 6,500 tons/day Stage 1 underground copper mine development, currently in construction, and a nearby Stage 2, 70,000 tons/day open pit mine project in the advanced permitting phase.  Expected average copper production for the first five years is 75 million lbs/year from the Stage 1 underground mine and 221 million lbs/year from the Stage 2 open pit mine.

The project is located near Yerington, Nevada, close to road, rail, and power infrastructure, and with all future water supply requirements met.

For further information please visit the Nevada Copper corporate website (www.nevadacopper.com) and the Pumpkin Hollow project website (www.pumpkinhollowcopper.com).

NEVADA COPPER CORP.

  

 Giulio T. Bonifacio, President & CEO

 

Cautionary Language

This news release includes certain statements and information that may contain forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including the likelihood of commercial mining, securing a strategic partner, expanding the mineral resources and mineral reserves and possible future financings are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning: Nevada Copper Corp. (the “Company”) plans at the Pumpkin Hollow Project; the timing of granting of key permits; from the Feasibility Study: the estimated metal production and the timing thereof; capital and operating costs, future metal prices, cash flow estimates, and economic indicators derived from the foregoing. 

 Forward-looking statements or information relate to future events and future performance and include statements regarding the expectations and beliefs of management and include, but are not limited to, statements with respect to the estimation of mineral resources and reserves, the realization of mineral resources and mineral reserve estimates, the timing and amount of estimated future production, capital costs, costs of production, capital expenditures, success of mining operations, environmental risks and other mining related matters.  Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as “plans”, “expects”, “potential”, “is expected”, “anticipated”, “is targeted”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.  Forward-looking statements or information include, but are not limited to, statements or information with respect to known or unknown risks, uncertainties and other factors which may cause the actual industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information.

 Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to: history of losses; requirements for additional capital; dilution; loss of its material properties; interest rates increase; global economy; no history of production; future metals price fluctuations, speculative nature of exploration activities; periodic interruptions to exploration, development and mining activities; environmental hazards and liability; industrial accidents; failure of processing and mining equipment to perform as expected; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; changes in project parameters as plans continue to be refined; possible variations in ore reserves, grade of mineralization or recovery rates may differ from what is indicated and the difference may be material; legal and regulatory proceedings and community actions; accidents, title matters; regulatory restrictions; permitting and licensing; volatility of the market price of Common Shares; insurance; competition; hedging activities; currency fluctuations; loss of key employees; other risks of the mining industry as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form dated March 25, 2014.  Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information.  The Company disclaims any intent or obligation to update forward-looking statements or information except as required by law, and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities in Canada. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that could cause results not to be as anticipated, estimated or intended.  For more information on Nevada Copper and the risks and challenges of its business, investors should review Nevada Copper’s annual filings that are available at www.sedar.com

 The Company provides no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

 

For further information call:
Eugene ToffoloVP, Investor Relations & Communications
Phone:     604-683-8266
Toll free: 1-877-648-8266
Email: etoffolo@nevadacopper.com
Robert McKnight, P.Eng., MBA
Executive Vice President  & CFO
Phone 604-683-1309
Email: bmcknight@nevadacopper.com

Northern Nevada lands bill gets new lease on life

Mark Amodei

Mark Amodei

Steven Horsford

Steven Horsford

A sweeping lands bill for Northern Nevada that had a bleak outlook in Congress just a few months ago suddenly has new life.

Legislation to create up to 71,500 acres of wilderness and set up 23,000 more for economic development passed a key House panel with unanimous consent today.

“It’s not hyperbole to say this is a historic package for lands bills for Northern Nevada,” said Brian Baluta, a spokesperson for Rep. Mark Amodei, a Republican representing Northern Nevada.

The successful committee vote sets up the potential for the bills to pass the House as soon as Congress comes back from its five-week break.

“It really is an example that when we get together in a bipartisan way, we can actually accomplish something,” said Rep. Steven Horsford, a North Las Vegas Democrat who represents part of Lyon County.

The residents in the county, one of the most economically depressed in the state, could benefit from as many as 1,000 jobs from a new copper mine if Congress approves the lands package. In exchange for selling 10,000 acres of federal land to the city of Yerington for the mine, the bill creates wilderness in the Wokova Forest.

But it wasn’t always smooth sailing. The lands packages were held up in the House Natural Resources Committee in January when Republicans, who lead the committee, changed the bills so much that Democrats — especially Senate Majority Leader Harry Reid — couldn’t support it.

They altered language that would, in effect, prevent Congress from creating anymore wilderness in the future.

Lands bills have been tricky in the Republican-controlled House, in part because some conservatives oppose the transferring of or creation of federal land.

But Nevada lawmakers were determined to find a compromise. Amodei, Horsford and Nevada’s senators negotiated behind the scenes to find a deal.

Today’s vote in committee was evidence they had found one — but in the unpredictable world that is Congress, no one in Nevada’s delegation is exhaling yet.

“I’m not happy until I see it passed by both chambers and signed by the president,” Horsford said.

Article Source: Las Vegas Sun – Original post here.

 

Press Release: Unanimous Vote Sets Northern Nevada Lands Bill On Path To Final House Passage

Jul 30, 2014
Press Release

WASHINGTON, D.C. – A historic package of Northern Nevada lands bills – six introduced by Rep. Mark Amodei (NV-2) and one by Rep. Steven Horsford (NV-4) — today passed the House Natural Resources Committee by unanimous consent. The bipartisan support clears the way for the legislation to be brought to the House floor in September as a non-controversial suspension bill.

The compromise agreement was made possible after adjustments to the legislation were made to a version passed in January.

“These are community-driven lands measures that will create jobs without cost to the federal taxpayer,” said Amodei. “For the second time in two years, the eyes of Northern Nevada turn to the Senate.”

“Working to create jobs and strengthen the middle class has been my number one priority in Congress,” said Horsford. “Today, Democrats and Republicans unanimously moved a legislative package forward that will grow Nevada’s economy. Thanks to Congressman Mark Amodei and others, we have been able to find common sense bipartisan solutions that bridge the partisan divide. When we work together and put Nevada first, political posturing fades into the background, and our constituents benefit.”

The Northern Nevada Land Conservation and Economic Development Act includes the following measures:

H.R. 433, the Pine Forest Range Recreation Enhancement Act

H.R. 696, the Lyon County Economic Development and Conservation Act

H.R. 1167, the Restoring Storey County Act

H.R. 1168, the Carlin Economic Self-Determination Act

H.R. 1169, the Naval Air Station Fallon Housing and Safety Development Act

H.R. 1170, the Fernley Economic Self-Determination Act

H.R. 2455, the Elko Motocross and Tribal Conveyance Act

Article Source: Congressman Steven Horsford – original post here.

Press Release: Unanimous vote sets Northern Nevada lands bills on path to final House passage

Congressman Mark Amodei : News Releases : Unanimous vote sets Northern Nevada lands bills on path to final House passage//

FOR IMMEDIATE RELEASE     Contact:               Brian Baluta (Amodei) 202-225-6155

WASHINGTON, D.C. –A historic package of Northern Nevada lands bills – six introduced by Rep. Mark Amodei (NV-2) and one by Rep. Steven Horsford (NV-4) — today passed the House Natural Resources Committee by unanimous consent. The bipartisan support clears the way for the legislation to be brought to the House floor in September as a non-controversial suspension bill.

The compromise agreement was made possible after adjustments to the legislation were made to a version passed in January.

“These are community-driven lands measures that will create jobs without cost to the federal taxpayer,” said Amodei. “For the second time in two years, the eyes of Northern Nevada turn to the Senate.”

“Working to create jobs and strengthen the middle class has been my number one priority in Congress,” said Horsford. “Today, Democrats and Republicans unanimously moved a legislative package forward that will grow Nevada’s economy. Thanks to Congressman Mark Amodei and others, we have been able to find common sense bipartisan solutions that bridge the partisan divide. When we work together and put Nevada first, political posturing fades into the background, and our constituents benefit.”

The Northern Nevada Land Conservation and Economic Development Act includes the following measures:

H.R. 433, the Pine Forest Range Recreation Enhancement Act

H.R. 696, the Lyon County Economic Development and Conservation Act

H.R. 1167, the Restoring Storey County Act

H.R. 1168, the Carlin Economic Self-Determination Act

H.R. 1169, the Naval Air Station Fallon Housing and Safety Development Act

H.R. 1170, the Fernley Economic Self-Determination Act

H.R. 2455, the Elko Motocross and Tribal Conveyance Act

Article Source: Congressman Mark Amodei News Release click here to see the original.

Breakthrough! Heller Files Job Creating Amendments to Bring Jobs Home.

Bring Jobs Home

Here, Senator Dean Heller gives a speech on the Senate floor on a variety of measures he has put forth to spur natural resources job creation throughout the West. Click to watch video.


Header

For Immediate Release:                                                                 Contact: Chandler Smith
July 23, 2014                                                                                      202-224-6244

Heller Files Job Creating Amendments to Bring Jobs Home Act

  1. 2569 currently under consideration on the Senate floor

(Washington, D.C.) – Today, U.S. Senator Dean Heller (R-NV) filed five amendments to S. 2569, the Bring Home Jobs Act. These amendments are designed to help facilitate job-growth, cut bureaucratic red-tape and improve processes on federal lands.

“Considering more than 85 percent of Nevada’s land is federally-owned, more needs to be done to help Nevadans access the resources in our own backyards and to help communities develop and grow. Many of Nevada’s rural counties continue to struggle. Congress should take action now on these common-sense solutions that will help unleash jobs and make a real difference for Nevadans,” said Senator Dean Heller.

Heller has filed the following amendments:

  • The Lyon County Conservation and Economic Development Act will allow the City of Yerington to partner with Nevada Copper to develop roughly 12,500 acres of land surrounding the Pumpkin Hollow project site.  The Pumpkin Hollow project is estimated to create approximately 1300 jobs.  This legislation passed the Energy and Natural Resources Committee on September 10, 2103.
  • The Public Lands Job Creation Act streamlines the permitting process for mineral and energy development, while also preserving the time necessary for environmental analysis. The legislation gives the Department of the Interior (DOI) a period of forty-five days to complete the review process of notices sent from state Bureau of Land Management (BLM) offices before they appear in the federal register. Senator Heller introduced this bill in March 2013.
  • The Public Lands Renewable Energy Development Act is designed to streamline the permitting process, specifically for solar, geothermal and wind projects. This legislation accelerates renewable energy development on public lands while generating revenues to help local governments deliver critical services such as road maintenance, public safety, and law enforcement. Revenues can also be utilized to support fish and wildlife conservation projects and to increase outdoor recreation such as hunting, fishing, and hiking. Senators Heller and Tester introduced this amendment as a stand-alone bill last year.
  • The Energy Consumers Relief Act will help protect Americans from billion-dollar Environmental Protection Agency (EPA) regulations that would increase energy prices and destroy jobs. The amendment requires the EPA to be transparent when proposing and issuing energy-related regulations with an economic impact of $1 billion or more. Senator Heller introduced this as a stand-alone bill in July 2013. Representative Bill Cassidy (R-LA) sponsored the counterpart legislation, which passed the House of Representatives on August 1, 2013.
  • The Emergency Fuel Reduction Act of 2014 will expedite the review process for wildfire prevention projects when wildfire risks on public lands pose a threat to critical infrastructure, private land holders, and endangered species habitat. The expedited review will help lead to an increase in grazing and timber jobs. Millions of acres of land in the State of Nevada are managed by the Bureau of Land Management and the United State Forest Service. Over the past five years, the entire West has suffered from record wildfire damage.

Today, U.S. Senator Dean Heller (R-NV) spoke on the Senate floor in support of the five amendments he filed to S. 2569, the Bring Home Jobs Act. The amendments can be found here.

Click here to watch video.

 

 

State Board Acts to Support Lyon County Land Bill

lyon county

The State Land Use Advisory Board has approved a resolution expressing its support of the Lyon County Economic Development and Conservation Act.

The resolution, approved at last month’s meeting, had been requested by Lyon County Commissioner Virgil Arellano, who is Lyon County’s appointed representative to the SLUPAC, serving as its current chairman. It passed at the May 23 meeting.

The resolution is in support of the act, currently Title II of H.R. 433 and as Senate Bill 159, as it is making its way through the 113th Congress.

The Lyon County Board of Commissioners passed a resolution on Aug. 18, 2011, expressing its support of this congressional action, while the Yerington City Council supported a similar resolution on Aug. 22, 2011.

The bill would allow for purchase of more than 10,000 acres of BLM-administered lands near the Nevada Copper Pumpkin Hollow Mine at fair market value, paid by Nevada Copper, to be conveyed to the city of Yerington for economic development and recreation purposes — land to be annexed into the city — and designation of 48,000 acres in southern Lyon County as the Wovoka Wilderness area.

The bill has had a lengthy journey through Congress. It began as the Yerington Land Conveyance and Sustainable Development Act in the 112th Congress, introduced in the House of Representatives as HR 4039 on Feb. 15, 2012, and as SB 2228, introduced in the Senate on March 23, 2012, over a year after the city of Yerington and Nevada Copper began working towards its introduction. It was later introduced as SB 3701 under the revised title, “Lyon County Economic Development and Conservation Act” on Dec. 20, 2012.

It was reintroduced in the 113th Congress as S. 159 on Jan. 28, 2013, and as HR 696 on Feb. 18, 2013. The Senate bill (S. 159) was then considered and reported favorably by the Senate Energy & Natural Resources Committee on June 18, 2013, without one vote of dissent. It was then listed on the Senate Calendar/General Orders on April 28 this year, which lists it as ready for consideration and vote on the floor of the full Senate.

HR 696 was included in a combined bill as Title II, combined with six other bills, becoming known as HR 433, the Northern Nevada Land Conservation and Economic Development Act. It passed the House Natural Resources Committee by 29-14 vote on Jan. 28.

The bill would allow the city of Yerington to annex the lands and obtain a share of property and net proceeds of mines taxes. The resolution also notes 63 percent of the total acquired federal lands would be dedicated for uses other than mining, including infrastructure, commercial and industrial development, recreation, an events-concert venue and open space. It also notes the transfer of lands would not affect any sensitive natural resources.

The resolution also includes history about the conservation component that includes the proposed wilderness lands in the South Pine Grove Hills-Bald Mountain-East Walker River area. It also notes this area includes the Desert Creek-Fales Population Management Unit of the Bi-State Sage Grouse Distinct Population Segment, which is proposed for listing as a threatened or endangered species.

WHAT’S NEXT?

The land act is awaiting consideration and a vote o the floor of the U.S. Senate.

Article Source:  RGJ

 

 

Nevada Still One of Worst in Nation for Home Foreclosures!

forclosure in Nevada

Nevada Bills in Congress Would Help.

Article Source: RGJ – Reno Gazette Journal via Associated Press

Nevada foreclosure rate at No. 8 in U.S.

 — Nevada’s foreclosure rate was eighth in the nation in April after falling behind Florida, Maryland and five other states in the rankings.

RealtyTrac statistics released Thursday show 1,522 foreclosure-related filings in April, or one for every 770 homes in Nevada.

The rate is down 9 percent from March, and down 53 percent from the same time a year ago.

Nationwide, the foreclosure rate fell 1 percent from March and 20 percent from a year ago.

Also Thursday, average U.S. rates on fixed mortgages were reported down for a third straight week. The low rates could give a boost to the spring homebuying season, which has gotten off to a slow start.

Mortgage buyer Freddie Mac said that the average rate for a 30-year loan eased to 4.20 percent from 4.21 percent last week. The average for the 15-year mortgage fell to 3.29 percent from 3.32 percent.

Mortgage rates have risen nearly a full percentage point since hitting record lows about a year ago.

Warmer weather has yet to boost homebuying as it normally does. Rising prices and higher rates have made affordability a problem for would-be buyers. And many homeowners are reluctant to list their properties for sale.

Home sales and construction have faltered since last fall, slowing the economy. A harsh winter, higher buying costs and a limited supply of available homes have discouraged many potential buyers. Existing-home sales in March reached their lowest level in 20 months.