United StatesFederal payment rules would govern oil and gas lease receipts
Money from oil and gas leases on land the federal government acquired would be handled under the Mineral Leasing Act’s payment rules.
What it does
Money from oil and gas leases on acquired federal lands would follow Section 35 of the Mineral Leasing Act. That section supplies the rules for distributing the money.
Argument forDirecting agencies to a common set of payment rules could make receipts from oil and gas leases easier to manage.
Argument againstRelying on another law for payment details could make it harder for readers to understand where oil and gas lease money goes.
More detail
Federal agencies would handle these lease receipts under Section 35 of the Mineral Leasing Act. This provision covers money from oil and gas leases on land the federal government acquired from other owners. The rules for distributing the money would depend on the referenced law.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Oct 15Introduced in SenateLatest
- Oct 15Read twice and referred to the Committee on Energy and Natural Resources under authority of the order of the Senate of 09/30/2026.Introduced
Environment & EnergyTaxes & Budget