Authorizes the Secretary of the Interior to extend certain leases within the National Park System without bidding.
The National Park System Long-Term Lease Investment Act allows the Secretary of the Interior to extend leases within the National Park System without requiring a bidding process. This applies to leases entered into at least five years prior to the extension date, provided the lessee is in compliance and the Director of the National Park Service deems the extension beneficial for park administration. The Secretary must revise relevant regulations within 90 days of the Act's enactment to reflect this authority.
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