Read all versions of the bill about 3 times.  

1.  "All elements of every lease is still controlled by BLNR" - sure, we do not want BLNR to have the power to lease out lands for unreasonable periods of time.  There are many instances where the BLNR was prepared to make a decision that was inconsistent with their trust responsibilities and the law - cancelling and reissuing the Mauna Kea master lease without following Chapter 343 and without language that would ensure UH would get sufficient rent to properly manage the mauna is one example.