HR 4364
116th Congress
House
Energy
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
Taxpayer Fairness for Resource Development Act of 2019
Introduced: September 17, 2019
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2019
Subcommittee Hearings Held.
Sep 20, 2019
Referred to the Subcommittee on Energy and Mineral Resources.
Sep 17, 2019
Referred to the House Committee on Natural Resources.
Sep 17, 2019
Introduced in House
Plain-English summary
Taxpayer Fairness for Resource Development Act of 2019
This bill addresses royalties related to the development of federal energy resources.
Among other things, 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 $5 and requires it to be adjusted every four years for inflation; and
- makes revisions to the charter of the Royalty Policy Committee, including to increase to six the number of members who are representatives of academia or the public.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
2