To validate certain conveyances made by the Union Pacific Railroad Company of lands located in Reno, Nevada, that were originally conveyed by the United States to facilitate construction of transcontinental railroads, and for other purposes.

(This measure has not been amended since it was passed by the House on December 4, 2007). The summary of that version is repeated here.)

Releases any reversionary interests of the United States (including interests under the Union Pacific Railroad Act) in and to specified railroad lands in the City of Reno, Nevada, that were originally granted to the Union Pacific Railroad under the provisions of such Act.