Minnesota's Economic Rights in the Superior National Forest Act

[AI summary unavailable — showing source text] Minnesota's Economic Rights in the Superior National Forest Act This bill declares that minerals with the National Forest System (NFS) lands in Minnesota shall not be subject to withdrawal from disposition under U.S. mineral and geothermal leasing laws unless such withdrawal is approved by an Act of Congress. The bill prohibits any extension or establishment of national monuments on NFS lands in Minnesota except by express authorization of Congress. The bill declares that certain mineral leases issued within the exterior boundaries of NFS lands in Minnesota are indeterminate preference right leases that shall be: (1) issued for an initial 20-year period; and, (2) after such period, shall be renewable for 10-year periods if the lessee has complied with the terms and conditions of the lease during the 20-year period and on the condition that, at the end of each 10-year renewal period, Interior may readjust lease terms and conditions to encourage production or to address changing conditions within the lease area. Interior may: (1) suspend operations under a lease when the lease can only be operated at a loss due to market conditions or when operations are interrupted by strikes; and (…