; (2) for not less than the fair market value, based on an appraisal; and (3) conducted in accordance with subsection (f). (e) Withdrawal (1) In general Subject to valid existing rights, effective beginning on the date on which a parcel of eligible land is selected for sale under subsection (a), the parcel is withdrawn from location and entry under the mining laws and from operation under the mineral leasing and geothermal leasing laws. (2) Termination The withdrawal of a parcel of eligible land under paragraph (1) shall terminate— (A) on the date of the sale; or (B) with respect to any parcel of eligible land jointly selected for sale under subsection (b) that is not sold, not later than 2 years after the date on which the parcel is offered for sale. (f) Administration of sale (1) In general Not later than 1 year after the date of enactment of this Act, and not less frequently than once per year thereafter until the date on which the limitation described in paragraph (2) is met, the Secretary shall offer for sale the parcels of eligible land jointly selected under subsection (b). (2) Limitation The total quantity of acreage of eligible land sold under this Act shall be not less than 6,000 acres of eligible land. 4. Disposition of proceeds Of the proceeds from the sale of eligible land under section 3— (1) not more than 20 percent shall be available to the Secretary, in consultation with the County, for the reimbursement of costs incurred by the Department of the Interior in preparing for the sale of the eligible land, including the costs of— (A) surveys and appraisals; and (B) compliance with— (i) the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq.); and (ii) sections 202 and 203 of the Federal Land Policy and Management Act of 1976 ( 43 U.S.C. 1712 , 1713)