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This bill amends the Mineral Leasing Act to modify how the federal government assesses fees for expressions of interest in oil and gas leases on federal land. Under the revised framework, the Secretary of the Interior would charge an expression of interest fee either to the first person who submitted an interest if the land receives no bids at auction, or to the successful bidder if the land is leased. The bill also establishes that expressions of interest remain active for at least five years unless the land is offered for sale.
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