A bill to amend section 203 of the Federal Property and Administration Services Act of 1949 to require, prior to disposal, that notice and first right of refusal be given to certain previous holders of surplus real property suitable for agricultural uses.

Amends the Federal Property and Administrative Services Act of 1949 to require Federal agencies which are about to dispose of surplus real property suitable for agricultural use to offer such property for sale to the individual who transferred such property to the agency or to the individual who leased such property from the agency for a specified period, provided that the individual had used such property for agricultural purposes.

Requires the deed of conveyance of any property sold under this Act to provide that the property shall revert to the United States if it is not used and maintained for agricultural purposes for at least 15 years.