S 2962 117th Congress Senate Energy

COMPETES Act

Introduced: October 7, 2021 Introduced by: Hickenlooper, John W. Democratic · Colorado See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 7, 2021

Read twice and referred to the Committee on Energy and Natural Resources.

Oct 7, 2021

Introduced in Senate

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Plain-English summary Congressional Research Service

Competitive Onshore Mineral Policy via Eliminating Taxpayer-Enabled Speculation Act or the COMPETES Act

This bill revises the process of leasing public land for oil and gas development. For example, it requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process.

Further, the BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.

What's happening now October 7, 2021

Read twice and referred to the Committee on Energy and Natural Resources.

Related & companion bills 1

Bill text 1 version