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Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021

Introduced: March 2, 2021 See on congress.gov
 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 14, 2022
Placed on the Union Calendar, Calendar No. 455.
Dec 14, 2022
Reported (Amended) by the Committee on Natural Resources. H. Rept. 117-632.
May 5, 2021
Ordered to be Reported by the Yeas and Nays: 23 - 14.
May 5, 2021
Committee Consideration and Mark-up Session Held.
May 5, 2021
Subcommittee on Energy and Mineral Resources Discharged.
Mar 9, 2021
Subcommittee Hearings Held.
Mar 8, 2021
Referred to the Subcommittee on Energy and Mineral Resources.
Mar 2, 2021
Referred to the House Committee on Natural Resources.
Mar 2, 2021
Introduced in House
 Plain-English summary Congressional Research Service

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.
What's happening now December 14, 2022

Placed on the Union Calendar, Calendar No. 455.

 Committees of jurisdiction 2