Title 16, ConservationRelease 119-73not60

§47–3 Use of Proceeds; Administration of Leases

Title 16 › Chapter 1— NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES › Subchapter VI— SEQUOIA AND YOSEMITE NATIONAL PARKS › § 47–3

Last updated Apr 5, 2026|Official source

Summary

Money from leases can be used to pay for running the leases and for building, fixing, and caring for roads, utilities, buildings, and other facilities at the El Portal administrative site. The Secretary can hire managers to run the leases and leased places, can buy and sell the remaining time on leases and subleases, and can use lease money to pay for those contracts or to use improvements on leased land for El Portal or Yosemite National Park. At any time, the Secretary can buy the remaining term of any lease or sublease made under sections 47–2 to 47–6. He may pay with lease proceeds, donated or appropriated funds, or acquire the lease by donation or exchange.

Full Legal Text

Title 16, §47–3

Conservation, Source: USLM XML via OLRC

(a)Notwithstanding any other provision of law, the proceeds from any leases issued by the Secretary pursuant to section 47–2 of this title may be credited to the appropriation bearing the cost of administering (directly or by contract) the leases and of constructing, improving, and maintaining roads, utilities, buildings, and other facilities within the El Portal administrative site. In the administration of the leases, the Secretary may contract for the management of the leases and of the leased premises, subject to such terms and conditions, including the right of the Secretary to purchase and sell the unexpired terms of leases and subleases, as will protect the interests of the United States. The Secretary may also contract for the use by him of any improvements to leased property for purposes of the El Portal administrative site or for purposes of Yosemite National Park, and he may use the proceeds from any leases for the purpose of making payments under any such contract.
(b)The Secretary may at any time acquire the unexpired term of any lease or sublease issued or entered into pursuant to sections 47–2 to 47–6 of this title by purchase with funds available from the proceeds of leases, or with donated or appropriated funds, or by donation or exchange.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 2 of Pub. L. 90–409, which was classified to section 47–2(b) of this title, was renumbered section 3 of Pub. L. 90–409 and is classified to section 47–4 of this title.

Reference

Citations & Metadata

Citation

16 U.S.C. § 47–3

Title 16, Conservation

Last Updated

Apr 5, 2026

Release point: 119-73not60