S 2498
National Park System Long-Term Lease Investment Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill 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.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Thomas Tillis
Cosponsor
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119th CONGRESS — 1st Session
S. 2498
IN THE SENATE OF THE UNITED STATES
A BILL
To authorize the Secretary of the Interior to extend certain leases within units of the National Park System without opening the lease to bidding.
This Act may be cited as the National Park System Long-Term Lease Investment Act
.
Secretary) may extend a lease entered into under part 18 of title 36, Code of Federal Regulations (as in effect on January 3, 2025), without complying with the requirements of sections 18.7 or 18.8 of that part, if—
the lessee—
entered into the lease not less than 5 years before the date on which the extension takes effect; and
is in compliance with the terms and conditions of the lease; and
the Secretary determines that extending the lease is in the best interests of the administration of the applicable unit of the National Park System.
Not later than 90 days after the date of enactment of this Act, the Secretary shall revise part 18 of title 36, Code of Federal Regulations, to reflect the authority granted under subsection (a).