Rep. Murphy introduced HR 4931, the National Park System Long Term Lease Investment Act, saying the measure would authorize the Secretary of the Interior, acting through the National Park Service director, to extend leases that have been in place at least five years if extension serves the park's interest.

Bob Woodard, chairman of the Dare County Board of Commissioners, told the subcommittee that the Oregon Inlet Fishing Center demonstrated how private investment can revitalize park-adjacent facilities but that current law forces successful lessees into rebidding processes that jeopardize their investments. "HR 4931 provides a straightforward solution," he said, arguing the bill preserves the NPS's ultimate authority while offering flexibility.

Witnesses and members discussed the balance between competitive procurement and protecting long-term private investments. DOI provided written testimony on multiple bills but had no in-person witness specifically for HR 4931 during this hearing. No committee vote was taken; members requested additional written information for the record.