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S2498119th CongressWALLET

National Park System Long-Term Lease Investment Act

Sponsored By: Senator Sen. Tillis, Thomas [R-NC]

Introduced

Summary

Gives the Interior Secretary conditional authority to extend certain long-running leases inside National Park units without holding new competitive bids. The change applies only to existing leases that are at least 5 years old and in compliance with their terms.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Lease extensions for park businesses

If enacted, the bill would let the Secretary of the Interior extend certain National Park leases without competitive bidding. This applies only to leases entered under part 18 of title 36, as in effect on January 3, 2025. The lease must have been entered at least five years before the extension takes effect and must be in compliance with its terms. The Secretary must also determine the extension is in the best interests of the park unit's administration. The Secretary would have to revise part 18 to reflect this authority within 90 days after enactment. The bill does not authorize funding or create a new program.

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Sponsors & CoSponsors

Sponsor

Sen. Tillis, Thomas [R-NC]

NC • R

Cosponsors

  • Sen. Budd, Ted [R-NC]

    NC • R

    Sponsored 7/29/2025

Roll Call Votes

No roll call votes available for this bill.

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