Federal Coal Leasing Amendments Act of 1975

[AI summary unavailable — showing source text] Federal Coal Leasing Amendments Act - Provides, under the Mineral Leasing Act of 1920, that federal coal leases be issued by competitive bidding only. Declares that no lease sale shall be held unless the lands containing the coal deposits have been included in a comprehensive land use plan prepared by the Secretary of the Interior in consultation with State and local governments and the general public. Provides that no person may conduct coal exploration for commercial purposes for any coal on lands subject to this Act without an exploration license issued by the Secretary. Limits the term of such license to two years. Requires an applicant for an exploration license to submit to the Secretary copies of all data obtained during exploration. Provides that any person who willfully conducts coal exploration for commercial purposes on lands subject to this Act without an exploration license shall be subject to a fine of not more than $1,000 for each day of violation. States that a coal lease shall be for a term of 20 years and for so long thereafter as coal is produced annually in paying quantities. Provides that a lease shall require payment of a royalty based on the value of the coal…