A bill to amend the Mineral Leasing Act to provide for the payment of bonus payments of certain coal leases issued under that Act.

This bill amends the Mineral Leasing Act to change how bonus payments are made for specific coal leases. Under the new rules, the total bonus amount would be split into ten equal annual payments instead of being paid all at once. The first installment must be submitted with the initial bid, while the remaining nine payments are due over the following nine years. This provision directly affects companies bidding for coal leases and the government agencies managing those leases.