A bill to prohibit the Secretary of the Interior from issuing any future Federal coal lands leases until certain requirements are satisfied and a report thereon submitted to the Congress, and for other purposes.

Summary

Prohibits the Secretary of the Interior from issuing any Federal coal lands lease until the later of one year following enactment of this Act or until the time when the Secretary has: (1) developed a detailed analysis of the economic and geographic variables affecting the value of each Federal lease; (2) published new internal procedures for conducting coal lease valuations; (3) published guidelines for additional and experimental bidding systems for regional coal sales; (4) calculated minimum regulatory selling prices for coal leases in each Federal coal region on a cents per ton basis; (5) revised procedures for determining fair market value so as to include specific quantitative tests; (6) established written internal procedures for safeguarding coal lease pricing, economic valuation and other proprietary data against unauthorized disclosures; and (7) submitted a report to the appropriate House and Senate committees.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 17 May 1983

  Open at official source

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