,,ii  #aaith ,,congress  #ast ,session  
,s4 #bdih  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #bi1     
#bjbe ,mr4 ,tillis 7for himself and ,mr4
 ,budd7 introduced the following bill2  
which was read twice and referred to the
 ,committee on ,energy and ,natural     
,resources  ,a ,,bill  ,to authorize the
 ,secretary of the ,interior to extend  
certain leases within units of the      
,national ,park ,system without opening 
the lease to bidding4  #a4  ,short title
  ,this ,act may be cited as the        
,national ,park ,system ,long-,term     
,lease ,investment ,act4  #b4           
,authorization to extend certain leases 
7a7  ,in general  ,the ,secretary of the
 ,interior 7acting through the ,director
 of the ,national ,park ,service7       
7referred to in this section as the     
,secretary7 may extend a lease entered  
into under part #ah of title #cf1 ,code 
of ,federal ,regulations 7as in effect  
on ,january #c1 #bjbe71 without         
complying with the requirements of      

sections #ah4g or #ah4h of that part1   
if--  7#a7 the lessee-- 7,a7 entered    
into the lease not less than #e years   
before the date on which the extension  
takes effect2 and  7,b7 is in compliance
 with the terms and conditions of the   
lease2 and  7#b7 the ,secretary         
determines that extending the lease is  
in the best interests of the            
administration of the applicable unit of
 the ,national ,park ,system4  7b7      
,revision of regulation  ,not later than
 #ij days after the date of enactment of
 this ,act1 the ,secretary shall revise 
part #ah of title #cf1 ,code of ,federal
 ,regulations1 to reflect the authority 
granted under subsection 7a74