HOUSE 1517117th CongressPlaced on the Union Calendar, Calendar No. 455.
Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021
- Last Action
- 12/14/2022
Actions
- 2022-12-14Placed on the Union Calendar, Calendar No. 455.
- 2022-12-14Reported (Amended) by the Committee on Natural Resources. H. Rept. 117-632.
- 2022-12-14Reported (Amended) by the Committee on Natural Resources. H. Rept. 117-632.
- 2021-05-05Ordered to be Reported by the Yeas and Nays: 23 - 14.
- 2021-05-05Committee Consideration and Mark-up Session Held.
- 2021-05-05Subcommittee on Energy and Mineral Resources Discharged.
- 2021-03-09Subcommittee Hearings Held.
- 2021-03-08Referred to the Subcommittee on Energy and Mineral Resources.
- 2021-03-02Referred to the House Committee on Natural Resources.
- 2021-03-02Introduced in House
- 2021-03-02Introduced in House
CRS Summary
As of 2022-12-14 (07)
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.
Cosponsors (18)
- Raúl Grijalva (D-AZ)
- Alan Lowenthal (D-CA)
- Emanuel Cleaver (D-MO)
- BARBARA LEE (D-CA)
- JANICE SCHAKOWSKY (D-IL)
- DIANA DEGETTE (D-CO)
- BETTY MCCOLLUM (D-MN)
- Steve Cohen (D-TN)
- Peter Welch (D-VT)
- Mike Levin (D-CA)
- Matt Cartwright (D-PA)
- Steven Horsford (D-NV)
- Sean Casten (D-IL)
- Pramila Jayapal (D-WA)
- Donald Payne (D-NJ)
- Jerry McNerney (D-CA)
- Mike Quigley (D-IL)
- Doris Matsui (D-CA)
Subjects
- Administrative law and regulatory procedures
- Administrative remedies
- Advisory bodies
- Alaska
- Alternative and renewable resources
- Business records
- Coal
- Congressional oversight
- Department of the Interior
- Energy prices
- Energy revenues and royalties
- Government information and archives
- Government studies and investigations
- Gulf of Mexico
- Indian lands and resources rights
- Inflation and prices
- Land use and conservation
- Licensing and registrations
- Marine and coastal resources, fisheries
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.