S 624
117th Congress
Senate
Energy
Accounting and auditing
Administrative law and regulatory procedures
Congressional oversight
Department of the Interior
Energy revenues and royalties
Government studies and investigations
Inflation and prices
Oil and gas
Performance measurement
User charges and fees
Fair Returns for Public Lands Act of 2021
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 9, 2021
Read twice and referred to the Committee on Energy and Natural Resources.
Mar 9, 2021
Introduced in Senate
Plain-English summary
Fair Returns for Public Lands Act of 2021
This bill revises the royalty system applicable to leases of public lands for oil and gas production.
Specifically, it increases royalty rates, rental rates, and minimum bidding standards for onshore oil and gas leasing. In addition, it establishes a new fee that must be paid by any person who nominates public lands for such leasing.
Finally, the bill requires the Department of the Interior to adjust these rates and fees for inflation at least every four years.
What's happening now
Read twice and referred to the Committee on Energy and Natural Resources.
Committees of jurisdiction
1