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H.R. 2752 · 112th Congress

BLM Live Internet Auctions Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

13 cosponsors · 13 R

3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

BLM Live Internet Auctions Act - Amends the Mineral Leasing Act to authorize the Secretary of the Interior to conduct onshore oil and gas lease sales through Internet-based bidding methods.

What it does: CRS summary · Reported to House with amendment(s) · Jan 18, 2012

BLM Live Internet Auctions Act - Amends the Mineral Leasing Act to authorize the Secretary of the Interior to conduct onshore oil and gas lease sales through Internet-based bidding methods.

Requires each individual Internet-based lease sale to be concluded within seven days.

Directs the Secretary to analyze and report on the first 10 such lease sales, including estimates of: (1) increases or decreases in such lease sales compared to sales conducted by oral bidding; and (2) the total cost or savings to the Department of the Interior as a result of such sales, compared to sales conducted by oral bidding.

Requires the report to evaluate the demonstrated or expected effectiveness of different structures for lease sales which may provide an opportunity to better maximize bidder participation, ensure the highest return to the federal taxpayers, minimize opportunities for fraud or collusion, and ensure the security and integrity of the leasing process.


Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: BLM Live Internet Auctions Act

Latest action (Jan 18, 2012): Placed on the Union Calendar, Calendar No. 252.

Policy area: Energy · Origin: House · Introduced: Aug 1, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.