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S. 4715 119th Congress Senate

Offshore Leasing Standards and Accountability Act of 2026

Official title: A bill to amend the Outer Continental Shelf Lands Act to establish fitness to operate standards and decommissioning escrow accounts for offshore oil and gas operators, and for other purposes.

Introduced: June 9, 2026 Introduced by: Adam B. Schiff Democratic · California See on congress.gov
Energy Bank accounts, deposits, capitalBusiness investment and capitalBusiness recordsCongressional oversight
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Hazardous wastes and toxic substancesLand transfersLicensing and registrationsMiningOil and gasPerformance measurementPollution liabilitySeashores and lakeshores
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 2026
Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
Jun 9, 2026
Read twice and referred to the Committee on Energy and Natural Resources.
Jun 9, 2026
Introduced in Senate
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What's happening now July 15, 2026

Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.

 Plain-language summary AI · grounded in the bill record

Require offshore oil operators to prove fitness and set aside decommissioning funds.

This bill would amend the law governing offshore oil and gas operations to establish standards that operators must meet to be considered fit to operate. It would also require offshore oil and gas companies to set aside money in escrow accounts to pay for decommissioning, the process of shutting down and cleaning up offshore facilities when operations end. The bill was introduced in the Senate and referred to the Committee on Energy and Natural Resources.

Generated from the official bill record, accurate to the metadata, but confirm important details against the full text.

 Hearings & markups 1
 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 2

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

  • OCEAN CONSERVANCY
    for OCEAN CONSERVANCY · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
  • OCEAN CONSERVANCY
    for OCEAN CONSERVANCY · District of Columbia · 2nd Quarter 2026 (Apr 1 - June 30)

Bodies those filers lobbied

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Cite this page click to expand
APA
U.S. Congress. (2026). S. 4715: Offshore Leasing Standards and Accountability Act of 2026. 119th Congress. Open America. https://openamerica.io/bill/119-S-4715/
MLA
"S. 4715: Offshore Leasing Standards and Accountability Act of 2026." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-4715/.
Bluebook (legal)
S. 4715, 119th Cong. (2026), https://openamerica.io/bill/119-S-4715/.
Markdown link
[S. 4715: Offshore Leasing Standards and Accountability Act of 2026](https://openamerica.io/bill/119-S-4715/)
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