S 2498
Passed a chamber
Allows the Interior Department to extend certain National Park System concession leases without a new competitive bidding process, and to grant some new leases with terms up to 99 years.
Official title: National Park System Long-Term Lease Investment Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Received
05-OCT-2026
Senate
Introduced
29-JUL-2025
Referred
29-JUL-2025
Approved by committee
29-JUL-2026
Reported
17-SEP-2026
On the calendar
17-SEP-2026
Passed
30-SEP-2026
- Permits lease extensions without new bidding for lessees who signed at least 5 years earlier and are in compliance with their lease terms
- Requires a 60-day public notice for competing interest letters, and the extension is declined if a competing offer would provide better terms
- Lets the Secretary grant leases of up to 99 years for National Park Service redevelopment projects costing more than $100,000,000, with Congress notified 60 days before leases longer than 60 years
- Requires a mid-term compliance review of each extended lease, with termination allowed for noncompliance
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■ 1 R
1 Republican