National Park System Long-Term Lease Investment Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This bill allows the Secretary of the Interior to extend existing leases within National Parks without holding a new competitive bidding process. The extension is permitted if the current leaseholder has held the lease for at least five years and is in compliance with the lease terms. The Secretary must also determine that extending the lease is beneficial for managing the specific National Park unit. The bill also directs the Secretary to update regulations to reflect this new authority.
Key provisions
- Allows lease extensions within National Parks without competitive bidding.
- Requires a leaseholder to have held the lease for at least 5 years.
- Requires leaseholders to be in compliance with lease terms.
- Requires the Secretary to determine that the extension is in the best interest of the park.
- Directs the Secretary to revise regulations related to lease extensions.
Who is affected
- National Park Service
- Leaseholders within National Parks
- National Park Units
Notable changes
- Provides a streamlined process for extending existing leases.
- Waives the requirement for competitive bidding in certain circumstances.
Bill text
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Sponsors
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2 on record
Primary sponsor
Cosponsor
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