Energy and Mineral Resources Subcommittee, Natural Resources Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Taxpayer Fairness for Resource Development Act of 2019 This bill addresses royalties related to the development of federal energy resources. Among other things, the bill increases the onshore royalty rates for new oil, gas, and coal leases; increases onshore rental rates for oil and gas leasing; modifies the current onshore oil and gas minimum bid from $2 to $5 and requires it to be adjusted every four years for inflation; and makes revisions to the charter of the Royalty Policy Committee, including to increase to six the number of members who are representatives of academia or the public.
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Timeline
Introduced in House
Referred to the House Committee on Natural Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
Subcommittee Hearings Held.
Introduced in House
Referred to the House Committee on Natural Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
Subcommittee Hearings Held.
Energy
Administrative law and regulatory proceduresAdministrative remediesAdvisory bodiesAlaskaAlternative and renewable resourcesBusiness recordsCoalCongressional oversightDepartment of the InteriorEnergy pricesEnergy revenues and royaltiesGovernment information and archivesGovernment studies and investigationsGulf of MexicoIndian lands and resources rightsInflation and pricesLand use and conservationLicensing and registrationsMarine and coastal resources, fisheriesMiningOil and gasPublic-private cooperationState and local finance
Taxpayer Fairness for Resource Development Act of 2019
USA116th CongressHR-4364| House
| Updated: 9/24/2019
Taxpayer Fairness for Resource Development Act of 2019 This bill addresses royalties related to the development of federal energy resources. Among other things, the bill increases the onshore royalty rates for new oil, gas, and coal leases; increases onshore rental rates for oil and gas leasing; modifies the current onshore oil and gas minimum bid from $2 to $5 and requires it to be adjusted every four years for inflation; and makes revisions to the charter of the Royalty Policy Committee, including to increase to six the number of members who are representatives of academia or the public.
Energy and Mineral Resources Subcommittee, Natural Resources Committee
Energy
Introduced
In Committee
On Floor
Passed Chamber
Enacted
Administrative law and regulatory proceduresAdministrative remediesAdvisory bodiesAlaskaAlternative and renewable resourcesBusiness recordsCoalCongressional oversightDepartment of the InteriorEnergy pricesEnergy revenues and royaltiesGovernment information and archivesGovernment studies and investigationsGulf of MexicoIndian lands and resources rightsInflation and pricesLand use and conservationLicensing and registrationsMarine and coastal resources, fisheriesMiningOil and gasPublic-private cooperationState and local finance