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Local Officials Tell House Panel HR 4931 Would Help Park Concessions Recoup Long‑Term Investments
Summary
Supporters told the subcommittee HR 4931 would let the National Park Service extend certain leases after five years to protect private investment in park concessions, citing the Oregon Inlet Fishing Center as a model and arguing the change would encourage infrastructure investment.
Representative Murphy presented HR 4931, the National Park System Long Term Lease Investment Act, as a narrow change to leasing rules that would allow the Secretary of the Interior, acting through the National Park Service, to extend a lease that has been in place for at least five years if the director determines the extension is in the…
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