119th CongressS. 4410
Introduced in Senate
A bill to amend the Mineral Leasing Act to provide for the payment of bonus payments of certain coal leases issued under that Act.
SEC. 1. BONUS PAYMENTS FOR CERTAIN COAL LEASES ISSUED UNDER MINERAL LEASING ACTTrack this section →
Section 2(a) of the Mineral Leasing Act (30 U.S.C. 201(a)) is amended by adding at the end the following: (6) The bonus payments for a lease issued under this subsection under a system of deferred bonus payment shall be payable in 10 equal annual installments, the first of which shall be submitted with the bid for such lease..
•S 4410 ISText from GovInfo