H.R. 4364 · 116th Congress
Taxpayer Fairness for Resource Development Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
McAdamsSponsor10 cosponsors · 9 D, 1 R
R
Rooney
AL
D
Lowenthal
RG
D
Grijalva
NB
D
Barragán
JK
D
Kennedy
DD
D
DeGette
AH
D
Hastings
DH
D
Haaland
EN
D
Norton
GN
D
Napolitano1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill addresses royalties related to the development of federal energy resources.
What it does: CRS summary · Introduced in House · Sep 17, 2019
Taxpayer Fairness for Resource Development Act of 2019
This bill addresses royalties related to the development of federal energy resources.
Among other things, the bill
- increases the onshore royalty rates for new oil, gas, and coal leases;
- increases onshore rental rates for oil and gas leasing;
- modifies the current onshore oil and gas minimum bid from $2 to $5 and requires it to be adjusted every four years for inflation; and
- makes revisions to the charter of the Royalty Policy Committee, including to increase to six the number of members who are representatives of academia or the public.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Taxpayer Fairness for Resource Development Act of 2019
Latest action (Sep 24, 2019): Subcommittee Hearings Held.
Policy area: Energy · Origin: House · Introduced: Sep 17, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.