DESERT TERMINAL LAKES.

SEC. 2807. DESERT TERMINAL LAKES. Section 2507 of the Farm Security and Rural Investment Act of 2002 (43 U.S.C. 2211 note; Public Law 107–171) is amended—(1) in subsection (a)—(A) by striking “(a)” and all that follows through “$200,000,000” and inserting “(a) Transfer.—Subject to subsection (b) and paragraph (1) of section 207(a) of Public Law 108–7 (117 Stat. 146), notwithstanding paragraph (3) of that section, on the date of enactment of the Food, Conservation, and Energy Act of 2008, the Secretary of Agriculture shall transfer $175,000,000”; and(B) by striking the quotation marks at the beginning of paragraphs (1) and (2); and(2) by striking subsection (b) and inserting the following new subsection:“(b) Permitted Uses.—In any case in which there are willing sellers, the funds described in subsection (a) may be used—“(1) to lease water; or“(2) to purchase land, water appurtenant to the land, and related interests in the Walker River Basin in accordance with section 208(a)(1)(A) of the Energy and Water Development Appropriations Act, 2006 (Public Law 109–103; 119 Stat. 2268).”.