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S. 4223 · 116th Congress

Leasing Market Efficiency 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 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

This bill requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process.

What it does: CRS summary · Introduced in Senate · Jul 20, 2020

Leasing Market Efficiency Act

This bill requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process.

The BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.

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

About this bill and sources

Official title: Leasing Market Efficiency Act

Latest action (Jul 20, 2020): Read twice and referred to the Committee on Energy and Natural Resources.

Policy area: Energy · Origin: Senate · Introduced: Jul 20, 2020

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

No recorded floor vote found.