,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #dgca  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #ba1         
#bjag,ms4 ,plaskett introduc$ ! foll[+  
bill2 :i* 0 ref]r$ to ! ,committee on   
,natural ,res\rces  ,a ,,bill  ,to ext5d
 ! reta9$ use e/ate = ! ,caneel ,bay    
resort 9 ,/4 ,john1 ,unit$ ,/ates ,virg9
 ,isl&s1 & = o!r purposes4  #a4         
,ext5sion ( reta9$ use e/ate  7a7       
,ext5sion requir$ ,n lat] ?an #ij days  
aft] a reque/ by ! grantor1 ! ,secret>y 
( ! ,int]ior %all ext5d ! reta9$ use    
e/ate 9 accordance ) ?is section4  7b7  
,requirem5ts ,! ext5sion "u subsection  
7a7 %all-- 7#a7 except z provid$ 9      
p>agraph 7#b71 be effective = ! #fj-ye> 
p]iod beg9n+ on ! date ! reta9$ use     
e/ate w\ld1 b = ! ext5sion "u ?is       
section1 expire2  7#b7 be subject to !  
t]ms ( ! reta9$ use e/ate1 includ+ ! "r 
( ! grantor to t]m9ate ! reta9$ use     
e/ate 9 accordance ) ! t]ms !re(2 &     
7#c7 require ! grantor to pay to !      
,unit$ ,/ates1 9 qu>t]ly in/allm5ts = ! 

p]iod ( ! ext5sion1 fair m>ket value    
r5tal 9 an am\nt equal to--  7,a7 = ea* 
( ! fir/ #ae ye>s ( ! ext5sion1 #a4b    
p]c5t ( ! gross rev5ues ( ! resort 9    
accordance ) subsection 7c72 &  7,b7 =  
ea* ye> ( ! ext5sion !reaft]1 ! am\nt   
det]m9$ "u subp>agraph 7,a71 except t-- 
7i7 su* am\nt %all be adju/$ if reque/$ 
by ! ,secret>y or ! grantor2  7ii7 any  
su* adju/m5t %all be det]m9$--  7,i7    
?r\gh an agreem5t betwe5 ! ,secret>y & !
 grantor2 or  7,,ii7 if ! ,secret>y & ! 
grantor are unable to agree on su* an   
adju/m5t aft] a #fj-;day p]iod =        
negotiation 7or a long] p]iod =         
negotiation agre$ ^u by ! ,secret>y & ! 
grantor71 ?r\gh b9d+ arbitration betwe5 
! ,secret>y & ! grantor us+ !           
arbitration proc$ures specifi$ 9 section
 #ea4ea ( title #cf1 ,code ( ,f$]al     
,regulations2  7iii7 su* adju/m5t %all  
take into acc\nt any am\nts exp5d$ or to
 be exp5d$ by ! grantor = pres]vation1  
ma9t5ance1 re/oration1 improvem5t1 or   
repair & relat$ exp5ses specifi$ 9      

section #ajbajb7;d77#b7 ( title #ed1    
,unit$ ,/ates ,code1 to ! ext5t su*     
am\nts are = ! resort2 &  7iv7 no m ?an 
"o adju/m5t may be made "u ?is          
subp>agraph 9 any #ae-ye> p]iod4  7c7   
,paym5ts ,paym5ts "u subsection 7b77#c7 
%all--  7#a7 be due-- 7,a7 except z     
provid$ 9 subp>agraph 7,b71 #fj days    
aft] ! end ( ! applicable qu>t]2 &  7,b7
 9 ! case ( ! la/ qu>t] ( ea* cal5d> ye>
 7or ! la/ qu>t] be=e ! reta9$ use e/ate
 expires71 #ij days aft] ! end ( !      
cal5d> ye> 7or ! end ( ! reta9$ use     
e/ate 9 ! ye> t ! reta9$ use e/ate      
expires72  7#b7 be bas$ on actual gross 
rev5ues = ! prec$+ qu>t]2  7#c7 9 ! case
 ( a paym5t due "u p>agraph 7#a77;,b71  
include any adju/m5t t may be requir$   
aft] an audit ( ! gross annual rev5ues =
 ! prec$+ ye>2 &  7#d7 be deposit$ into 
! ,g5]al ,treasury4  7d7 ,def9itions ,9 
?is section--  7#a7 ea* ( ! t]ms reta9$ 
use e/ate & resort has ! mean+ giv5 su* 
t]m 9 section #a ( ,public ,law #aaa-bfa
 7#af ,u4,s4,c4 #cih;d note72 &  7#b7 ! 

t]m grantor means ! hold] ( ! reta9$ use
 e/ate4