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H.R. 1517 · 117th Congress

Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021

What it does: CRS summary · Reported to House · Dec 14, 2022

Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021

This bill addresses royalties related to the development of federal energy resources.

Among other requirements, 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 $10 and requires it to be adjusted every four years for inflation; and
  • increases inspection fees and penalties on oil and gas operators.

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

About this bill and sources

Official title: Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021

Latest action (Dec 14, 2022): Placed on the Union Calendar, Calendar No. 455.

Policy area: Energy · Origin: House · Introduced: Mar 2, 2021

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

No recorded floor vote found.