I can't speak to the exact details of the bill, but it is pretty important and valid to note that there is more going on than just preserving hunting lands. Over 80% of Nevada is "owned" and controlled by the federal government, mostly BLM. Where this becomes a real and damaging problem is when Reno, Las Vegas, and a couple of other growing areas literally hit the edge of federal land and can't grow further. They are completely surrounded, like an island.
So housing gets vastly more expensive, and it becomes far more difficult for families.
Two identical houses in Texas and Nevada, in equally prosperous neighborhoods, could have a half-million dollar gap between their two prices. That's a reality. I don't want to be seeing chunks of wilderness sold to developers, but there's a lot of crap scrubland around Vegas and Reno that barely sustain jackrabbits. I'm 100% in favor of selling off limited runs of lands that border those cities once a decade or so, because to not do so really harms the quality of life of people living here.