← Back to browse
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

Next stop House: awaiting action
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
Key points
  • 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
AI-generated from the Engrossed in Senate text of 30-SEP-2026 · verify · report an error
Official CRS summary

No CRS summary yet. CRS writes one for most bills, often months after they move.

CRS is the Library of Congress's nonpartisan research office. Check on congress.gov
Committee referrals (2) Policy area

Public Lands and Natural Resources

Sponsor Thomas Tillis (R-NC) Cosponsors · 1
■ 1 R
1 Republican