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S. 4410IntroducedSenate · nowHousePresidentLawIn committee
Sec. 1 · S. 4410

Bonus payments for certain coal leases issued under Mineral Leasing Act

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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..