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United States Exploration on Idle Tracts Act
1/11/2023, 1:31 PM
Congressional Summary of S 1280
United States Exploration on Idle Tracts Act or the USE IT Act
This bill directs the Department of the Interior to issue regulations to establish a specified graduated annual production incentive fee with respect to federal onshore and offshore lands subject to a lease for production of oil or natural gas under which production is not occurring.
Amounts received for the fee shall be reserved for expenditures on inspection, enforcement, and permitting relating to oil and gas.
Read the Full Bill
Current Status of Bill S 1280
Bill S 1280 is currently in the status of Bill Introduced since May 11, 2015. Bill S 1280 was introduced during Congress 114 and was introduced to the Senate on May 11, 2015. Bill S 1280's most recent activity was Committee on Energy and Natural Resources. Hearings held. as of May 19, 2015
Bipartisan Support of Bill S 1280
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1280
Primary Policy Focus
Public Lands and Natural ResourcesPotential Impact Areas
- Administrative law and regulatory procedures
- Department of the Interior
- Energy revenues and royalties
- Oil and gas
- User charges and fees
Alternate Title(s) of Bill S 1280
United States Exploration on Idle Tracts Act
A bill to direct the Secretary of the Interior to establish an annual production incentive fee with respect to Federal onshore and offshore land that is subject to a lease for production of oil or natural gas under which production is not occurring, and for other purposes.
United States Exploration on Idle Tracts Act
USE IT Act
Comments
Sponsors and Cosponsors of S 1280
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