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H.R. 34 · 119th Congress

LASSO Act

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PGR GosarSponsor
16 cosponsors · 16 R

This bill requires 10% of revenue generated by public lands, including submerged lands on the Outer Continental Shelf, under the jurisdiction of the Department of the Interior and the Forest Service to be deposited into the Federal Old-Age and Survivors Insurance Trust Fund, which is used to pay Social Security benefits to retirees and their families and to…

What it does: CRS summary · Introduced in House · Jan 3, 2025

Land And Social Security Optimization Act or the LASSO Act

This bill requires 10% of revenue generated by public lands, including submerged lands on the Outer Continental Shelf, under the jurisdiction of the Department of the Interior and the Forest Service to be deposited into the Federal Old-Age and Survivors Insurance Trust Fund, which is used to pay Social Security benefits to retirees and their families and to survivors of deceased workers.

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

About this bill and sources

Official title: LASSO Act

Also known as: Land And Social Security Optimization Act

Latest action (Feb 10, 2026): Subcommittee Hearings Held

Policy area: Public Lands and Natural Resources · Origin: House · Introduced: Jan 3, 2025

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

No recorded floor vote found.