H.R. 4389 · 114th Congress
Ensuring the Taxpayer a Fair Return for Federal Onshore Oil and Gas Resources Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
LowenthalSponsor16 cosponsors · 16 D
D
Grijalva
JP
D
Polis
MP
D
Pocan
DB
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Beyer
JH
D
Huffman
GN
D
Napolitano
NT
D
Tsongas
GC
D
Connolly
TC
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Cárdenas
MH
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Honda
BL
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Lee
EN
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Norton
JS
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Schakowsky
PT
D
Tonko
LS
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Slaughter
MC
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Cartwright1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Ensuring the Taxpayer a Fair Return for Federal Onshore Oil and Gas Resources Act of 2015
What it does: CRS summary · Introduced in House · Jan 13, 2016
Ensuring the Taxpayer a Fair Return for Federal Onshore Oil and Gas Resources Act of 2015
This bill amends the Mineral Leasing Act to increase the minimum acceptable bids and rentals for leases of oil, natural gas, and tar sand on federal land.
Minimum acceptable bids and rentals shall receive inflation adjustments once every four years.
One-third of any amounts received by the United States from sales, bonuses, and royalties, including interest charges collected under the Federal Oil and Gas Royalty Management Act of 1982, and from rentals of the public lands in Alaska under the Mineral Leasing Act and the Geothermal Steam Act of 1970, shall be made available in specified percentages:
- for use for oil and gas inspection and enforcement;
- to remediate, reclaim, and properly plug and abandon orphan oil and gas wells on federal lands; and
- to the state within whose boundaries the leased land is located, or the deposits were derived, for state use in accordance with specified requirements.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Ensuring the Taxpayer a Fair Return for Federal Onshore Oil and Gas Resources Act of 2015
Latest action (Jan 19, 2016): Referred to the Subcommittee on Energy and Mineral Resources.
Policy area: Energy · Origin: House · Introduced: Jan 13, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.