Sec. 187. Timely issuance of onshore oil and gas leases
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/bill/113/hr/3895/ih/section-187·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 17(a)(1) of the Mineral Leasing Act ( 30 U.S.C. 226(b)(1)(A) ) is amended by striking Leases shall be issued within 60 days following payment by the successful bidder of the remainder of the bonus bid, if any, and the annual rental for the first lease year. and inserting Unless the Secretary issues a lease sooner, leases shall automatically issue exactly 60 days following payment by the successful bidder of the remainder of the bonus bid, if any, and the annual rental for the first lease year.
The filing of any protest to the sale or issuance of a lease shall not act to extend the date by which the lease is to be issued following payment by the successful bidder under the preceding sentence, nor shall the issuance of a lease be delayed or deferred beyond 60 days following payment by the successful bidder pending resolution of a protest to the sale or issuance of the lease. .
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Sec. 187
Timely issuance of onshore oil and gas leases
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