S. 2498Senate119th Congress (2025-2027)Passed Senate

National Park System Long-Term Lease Investment Act

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 bidding.

Introduced July 29, 2025

AI-Generated Summary

Updated October 1, 2026 at 11:10 AM UTC

The National Park System Long‑Term Lease Investment Act lets the Interior Secretary extend existing leases in national parks without opening them to a new competitive bidding process, provided certain conditions are met. It also allows the Secretary to create new long‑term leases—up to 99 years—for major redevelopment projects that cost more than $100 million. The bill applies to current and future leaseholders operating facilities within the National Park System and to the National Park Service that manages those lands.

Key Provisions

  • A lease can be extended without a new bid if the lessee has held the lease for at least five years, is complying with its terms, and the Secretary judges the extension to be in the park’s best interest.
  • Before extending, the Secretary must publish a 60‑day notice inviting other qualified parties to submit letters of interest and must compare any offers to the incumbent’s terms, investment plans, and visitor‑service quality.
  • If a competing offer is better, the extension is denied and the lease must be put out for competitive bidding.
  • Extensions longer than 10 years require the Secretary to notify the Senate Energy and Natural Resources Committee and the House Natural Resources Committee at least 30 days before the extension can take effect.
  • A mid‑term compliance review is required at the lease’s midpoint; non‑compliance can lead to termination and re‑leasing of the property.
  • The Secretary may enter new leases of up to 99 years for redevelopment projects costing over $100 million, provided it serves the park’s financial and operational interests.
  • Leases longer than 60 years also require a 60‑day notice to the same congressional committees before they can be approved.
  • Within 90 days of enactment, the Secretary must update the federal regulations (part 18 of title 36) to reflect these new authorities.

Legislative Activity

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9 earlier actions
HouseFloor Latest Action

Held at the desk.

October 5, 2026 • 4:52 PM

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SenateIntro Referral

Introduced in Senate

July 29, 2025

SenateIntro Referral

Read twice and referred to the Committee on Energy and Natural Resources.

July 29, 2025

SenateCommittee

Committee on Energy and Natural Resources Subcommittee on National Parks. Hearings held.

July 21, 2026

SenateCommittee

Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.

July 29, 2026

SenateCommittee

Committee on Energy and Natural Resources. Reported by Senator Lee with an amendment in the nature of a substitute. Without written report.

September 17, 2026

SenateCalendars

Placed on Senate Legislative Calendar under General Orders. Calendar No. 638.

September 17, 2026

SenateFloor

Passed Senate with an amendment by Unanimous Consent. (consideration: CR S5201-5203; text: CR S5201-5202)

September 30, 2026

SenateFloor

Message on Senate action sent to the House.

October 5, 2026

HouseFloor

Received in the House.

October 5, 2026 • 4:32 PM

HouseFloor

Held at the desk.

October 5, 2026 • 4:52 PM

Floor Debate

7 members

What members said about S. 2498 on the floor

4 Republicans3 Democrats
Joni Ernst
Sen. Joni ErnstR-IA · Sep 30, 2026

Mr. President, while hard-working Americans are struggling to afford basic necessities, there is one class of people who have never had it better: fraudsters. Scammers are stealing more than $1.4…

Marsha Blackburn
Sen. Marsha BlackburnR-TN · Sep 30, 2026

Mr. President, I come to the floor today to seek unanimous consent to pass Senator Coons' and my bipartisan legislation, the NO FAKES Act. The NO FAKES Act provides landmark Federal protection for…

Jacky Rosen
Sen. Jacky RosenD-NV · Sep 30, 2026

Mr. President, today I rise to speak up about Donald Trump's reckless trade war against Canada and the impact it is having on my State of Nevada. Because of Trump's childish fight with our neighbors,…

Ted Cruz
Sen. Ted CruzR-TX · Sep 30, 2026

Mr. President, reserving the right to object, I want to start by commending my colleagues and friends, Senator Blackburn and Senator Coons. They both are sincere and passionate about this bill, and…

Christopher A. Coons
Sen. Christopher A. CoonsD-DE · Sep 30, 2026

Mr. President, I would like to start by thanking my colleague from the State of Tennessee. This has been a tremendous experience in working together to find a way to protect creators and, frankly,…

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Ron Wyden
Sen. Ron WydenD-OR · Sep 30, 2026

Mr. President, reserving the right to object, every bit-- every bit--of real fraud needs to be rooted out. Unfortunately, the Trump fraud policy is not about that. The Trump administration and…

Mike Crapo
Sen. Mike CrapoR-ID · Sep 30, 2026

Mr. President, as if in legislative session and notwithstanding rule XXII, I ask unanimous consent that the Senate proceed to the immediate consideration of the following bills en bloc: Calendar No.…

Bill Text

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Engrossed in SenateIssued September 30, 2026

119th CONGRESS

2d Session

S. 2498

AN ACT

To authorize the Secretary of the Interior to extend certain leases within units of the National Park System without opening the lease to bidding.

1.

Short title

This Act may be cited as the National Park System Long-Term Lease Investment Act.

2.

Authorization to extend certain leases

(a)

In general

Subject to subsections (b) and (c), the Secretary of the Interior (acting through the Director of the National Park Service) (referred to in this Act as the Secretary) may extend a lease entered into under part 18 of title 36, Code of Federal Regulations (as in effect on January 3, 2025), without complying with the requirements of section 18.7, 18.8, or 18.10 of that part, if—

(1)

the lessee—

(A)

entered into the lease not less than 5 years before the date on which the extension takes effect; and

(B)

is in compliance with the terms and conditions of the lease; and

(2)

the Secretary determines that extending the lease is in the best interests of the administration of the applicable unit of the National Park System.

(b)

Requirement

Before extending a lease under subsection (a), the Secretary shall—

(1)

publish a notice, for a period of not less than 60 days, inviting letters of interest from other qualified entities to operate the lease on expiration;

(2)

evaluate any competing letter of interest received under paragraph (1) as compared to the terms offered, planned capital investment, and quality of visitor services provided by the incumbent lessee; and

(3)

if the Secretary determines that a competing letter of interest would provide better terms than the continued operation of the incumbent lease—

(A)

decline to extend the lease under subsection (a); and

(B)

in lieu of such an extension, offer the lease for competitive bidding in accordance with sections 18.7 and 18.8 of title 36, Code of Federal Regulations (or successor regulations).

(c)

Congressional notification required for certain lease extensions

In the case of a proposed lease extension under subsection (a) for a duration of more than 10 years, the Secretary may not grant the proposed lease extension until the date that is not less than 30 days after the date on which the Secretary submits to the Committee on Energy and Natural Resources of the Senate and the Committee on Natural Resources of the House of Representatives the proposed lease extension.

(d)

Mid-term compliance review

(1)

In general

Not later than the date that is the midpoint of the term of a lease extended under subsection (a), the Director of the National Park Service shall prepare and submit to the Secretary of the Interior a report evaluating the compliance by the lessee with the terms and conditions of the extended lease, including with respect to rent, maintenance, insurance, and permitted-use requirements under the lease and part 18 of title 36, Code of Federal Regulations (or successor regulations).

(2)

Review and determination

Not later than 60 days after receiving a report under paragraph (1), the Secretary of the Interior shall—

(A)

review the report; and

(B)

based on the findings included in the report, determine whether the lessee that is the subject of the report remains in compliance with the terms and conditions of the applicable extended lease.

(3)

Termination for noncompliance

If the Secretary of the Interior determines under paragraph (2) that a lessee is not in compliance with the terms and conditions of an extended lease under this section, the Secretary of the Interior may—

(A)

terminate the lease extension in accordance with the termination-for-cause or default provisions required under section 18.12(a) of title 36, Code of Federal Regulations (or a successor regulation); and

(B)

after such termination, make the applicable property available for lease through a request for bids or a request for proposals under section 18.7 or 18.8, respectively, of that title (or successor regulations).

(4)

Rule of construction

Nothing in this subsection limits any other right of the Secretary of the Interior to terminate a lease for cause or default in accordance with the terms of the lease or applicable law.

3.

Authorization to enter into long-term leases

(a)

In general

Notwithstanding the second sentence of section 18.10 of title 36, Code of Federal Regulations (as in effect on January 3, 2025), the Secretary may enter into a lease under part 18 of that title with a lease term of not more than 99 years for the redevelopment of National Park Service property, the redevelopment costs of which are expected to exceed $100,000,000, if the Secretary has determined that entering into the lease is in the best financial needs and interests of the administration of the applicable unit of the National Park System.

(b)

Congressional notification required for certain leases

In the case of a proposed lease under subsection (a) for a duration of more than 60 years, the Secretary may not enter into the proposed lease until the date that is not less than 60 days after the date on which the Secretary submits to the Committee on Energy and Natural Resources of the Senate and the Committee on Natural Resources of the House of Representatives the proposed lease.

4.

Conforming regulations

Not later than 90 days after the date of enactment of this Act, the Secretary shall revise part 18 of title 36, Code of Federal Regulations, to reflect the authority granted under sections 2 and 3.

Passed the Senate September 30, 2026.

Secretary