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119-s-4410119th Congress

A bill to amend the Mineral Leasing Act to provide for the payment of bonus payments of certain coal leases issued under that Act.

Sponsored By: Senator Barrasso, John [R-WY]

In Committee

Summary

Sets a 10-year installment schedule for deferred coal lease bonus payments. This bill would add subsection (6) to Section 2(a) of the Mineral Leasing Act to require that bonus payments for coal leases issued under a deferred bonus payment system be paid in 10 equal annual installments, and that the first installment be submitted with the bid. The text does not set dollar amounts, interest rates, penalties, or other payment mechanics.

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Bill Overview

Analyzed Economic Effects

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

10-year bonus payments for coal bidders

If enacted, bidders for coal leases using the Mineral Leasing Act's deferred bonus system would pay the lease bonus in 10 equal yearly installments. The first installment would be submitted with the lease bid. The remaining nine equal payments would be due once per year thereafter. This would lower the upfront cash needed to place a bid. The rule would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Barrasso, John [R-WY]

WY • R

Cosponsors

  • Sen. Lummis, Cynthia M. [R-WY]

    WY • R

    Sponsored 4/28/2026

  • Sen. Lee, Mike [R-UT]

    UT • R

    Sponsored 4/28/2026

  • Sen. Sheehy, Tim [R-MT]

    MT • R

    Sponsored 5/11/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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