Federal land means about 3,400 acres marked on the map
What the document says“The term ``Federal land'' means the approximately 3,400 acres of land managed by the Bureau of Land Management and designated as ``Federal Land to be Conveyed'' on the map.”
The second of the section's three definitions, and the one that fixes what land the Act moves. It gives the acreage as an approximation, names the Bureau of Land Management as the agency that manages the land now, and points to the map for the boundary rather than describing it in words.
What the document actually says“The term ``Federal land'' means the approximately 3,400 acres of land managed by the Bureau of Land Management and designated as ``Federal Land to be Conveyed'' on the map.”
Federal land here means about 3,400 acres. The BLM looks after it now. A map marks it as land to be handed over.
The BLM is the Bureau of Land Management. It is a federal agency. The map is named in the next part.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.