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S. 1700 111th Congress Senate

Energy Security Through Transparency Act of 2009

Official title: A bill to require certain issuers to disclose payments to foreign governments for the commercial development of oil, natural gas, and minerals, to express the … Show full official titleShow less

Official title: A bill to require certain issuers to disclose payments to foreign governments for the commercial development of oil, natural gas, and minerals, to express the sense of Congress that the President should disclose any payment relating to the commercial development of oil, natural gas, and minerals on Federal land, and for other purposes.

Introduced: March 11, 2010 See on congress.gov
Energy Administrative law and regulatory proceduresCorporate finance and managementDiplomacy, foreign officials, Americans abroadEnergy revenues and royalties
More subjectsShow fewer subjects
Government information and archivesInternational organizations and cooperationLand use and conservationMiningOil and gasSecurities and Exchange Commission (SEC)Sovereignty, recognition, national governance and statusUser charges and fees
This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S9746-9747)
Sep 23, 2009
Sponsor introductory remarks on measure. (CR S9745-9746)
Sep 23, 2009
Introduced in Senate
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 Latest action September 23, 2009

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S9746-9747)

 Plain-English summary Congressional Research Service

Energy Security Through Transparency Act of 2009 - Expresses the sense of Congress with respect to: (1) the establishment by foreign governments of requirements that companies under their jurisdiction publicly disclose any payments made to a government relating to the commercial development of oil, natural gas, and minerals; (2) the U.S. commitment to global leadership of transparency in extractive industries by supporting multilateral pro-transparency efforts, bilateral good governance efforts through U.S. missions and activities abroad, implementation of extractive industries reporting requirements for companies under U.S. jurisdiction, and efforts to persuade members of the Organization for Economic Cooperation and Development (OECD) and Asia-Pacific Economic Cooperation (APEC) to adopt uniform legislation to ensure a coordinated regulatory approach; and (3) the need for the President to commit the United States to become a Candidate Country of the Extractive Industry Transparency Initiative.

Requires the Secretary of the Interior to disclose to the public any payment relating to the commercial development of oil, natural gas, and minerals on federal land made by any person to the government. Includes as a "payment" taxes, royalties, fees, licenses, production entitlements, bonuses, and other material benefits, as determined by the Securities and Exchange Commission (SEC).

Amends the Securities Exchange Act of 1934 to require the SEC to issue rules requiring each resource extraction issuer (an issuer that engages in the commercial development of oil, natural gas, or minerals) to include in its annual report information relating to any payment made by the issuer, a subsidiary or partner, or an entity under its control to a foreign government for the purpose of such commercial development. Requires such rules, to the extent practicable, to support the U.S. commitment to international transparency promotion efforts relating to such commercial development.

Requires the SEC, to the extent practicable, to make publicly available online a compilation of the information required to be submitted under the disclosure rules issued pursuant to this Act.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1700: Energy Security Through Transparency Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-1700/
MLA
"S. 1700: Energy Security Through Transparency Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-1700/.
Bluebook (legal)
S. 1700, 111th Cong. (2026), https://openamerica.io/bill/111-S-1700/.
Markdown link
[S. 1700: Energy Security Through Transparency Act of 2009](https://openamerica.io/bill/111-S-1700/)
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