What does Preamble of National Park System Long-Term Lease Investment Act do?

This bill, formally titled '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,' aims to authorize the Secretary of the Interior to extend existing leases within the National Park System. The bill proposes to allow lease extensions without requiring a new bidding process.

What does SHORT TITLE. of National Park System Long-Term Lease Investment Act do?

This bill is formally titled the National Park System Long-Term Lease Investment Act.

What does AUTHORIZATION TO EXTEND CERTAIN LEASES. of National Park System Long-Term Lease Investment Act do?

This section authorizes the Secretary of the Interior to extend leases entered into under part 18 of title 36, Code of Federal Regulations. Lease extensions are permitted without complying with sections 18.7 or 18.8 of that part. To qualify for an extension, the lessee must have entered into the lease at least 5 years before the extension's effective date and be in compliance with the lease terms. The Secretary must determine that extending the lease is in the best interests of the applicable unit of the National Park System. The Secretary is required to revise part 18 of title 36, Code of Federal Regulations within 90 days of the Act's enactment to reflect the new authority.

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National Park System Long-Term Lease Investment Act

Last updated: 7/29/2025 · Introduced: 7/29/2025

Author: Thomas Tillis (R-NC)

TL;DR (AI)

This bill allows the Secretary of the Interior to extend existing leases within the National Park System without requiring a competitive bidding process.
To be eligible for an extension, a lessee must have held the lease for at least five years and be in compliance with its terms.
The bill mandates a revision of National Park System lease regulations within 90 days of enactment to reflect the new extension authority.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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