S. 4733 · 117th Congress
Use it or Lose It Act
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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.
No cosponsors.
This bill modifies requirements for certain oil and gas leases and related drilling permits. For example, it requires prospective leaseholders to, as a condition of participating in certain oil and gas lease sales, certify that they have diligently developed any prior leases and relinquished any undeveloped leases.
What it does: CRS summary · Introduced in Senate · Aug 2, 2022
Use it or Lose It Act
This bill modifies requirements for certain oil and gas leases and related drilling permits. For example, it requires prospective leaseholders to, as a condition of participating in certain oil and gas lease sales, certify that they have diligently developed any prior leases and relinquished any undeveloped leases.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Use it or Lose It Act
Latest action (Aug 2, 2022): Read twice and referred to the Committee on Energy and Natural Resources.
Policy area: Energy · Origin: Senate · Introduced: Aug 2, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.