Taxpayer Fairness for Resource Development Act of 2019
United States116th CongressHR-4364House of Representatives
Updated: Sep 24, 2019
Summary
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.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Natural Resources.
House of Representatives
Referred to the Subcommittee on Energy and Mineral Resources.
House of Representatives
Subcommittee Hearings Held.
House of Representatives
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