The Public Lands in Public Hands Act would prohibit the federal government from selling or transferring publicly accessible federal land to private companies or individuals. The bill applies to land managed by the Interior Department and Forest Service that can be reached by public roads, trails, waterways, or easements, as well as land adjoining such publicly accessible tracts. The restrictions do not apply to small transfers of less than 300 acres, land transfers specifically authorized by existing federal laws such as the Alaska Native Claims Settlement Act or the Recreation and Public Purposes Act, or traditional land exchanges between federal and state or local governments. The legislation affects federal land managers and would preserve public access to federal lands currently open to the public. The bill contains no specific funding provisions or implementation timeline beyond the general restrictions on future land transfers.