H.R. 7872 — To amend the Mineral Leasing Act to provide for the payment of bonus payments of certain coal leases issued under that Act.

This section establishes payment terms for coal leases issued under the deferred bonus payment system authorized by the Mineral Leasing Act, requiring the bonus to be paid in 10 equal annual installments with the first installment submitted with the bid. (As background, the act requires the Secretary of the Interior to offer at least 50% of coal acreage for lease each year under such deferred payments, with any unpaid balance due immediately upon lease default or cancellation.)