S. 4410, the A bill to amend the Mineral Leasing Act to provide for the payment of bonus payments of certain coal leases issued under that Act., advanced out of committee on July 29, 2026.
S. 4410 — A bill to amend the Mineral Leasing Act to provide for the…
What it does
This bill amends the Mineral Leasing Act to allow coal lease bonus payments to be spread over 10 equal annual installments instead of being paid upfront. The first payment is due with the initial bid, and the remaining nine payments are spread over the following years. This reduces the immediate cash outlay required from coal companies winning federal lease auctions.
Quorum's transparency scan gave A bill to amend the Mineral Leasing Act to provide for the payment of bonus payments of certain coal leases issued under that Act. a high transparency warning.
What happens next
S. 4410 advanced out of committee. Next stop: a floor vote.
Who is behind it
Filed by John Barrasso. Cosponsored by Cynthia Lummis, Mike Lee and Tim Sheehy.