Leasing Market Efficiency Act This bill requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process. The BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Energy
Energy revenues and royaltiesGovernment buildings, facilities, and propertyLand use and conservationOil and gasWilderness and natural areas, wildlife refuges, wild rivers, habitats
Leasing Market Efficiency Act
USA116th CongressS-4223| Senate
| Updated: 7/20/2020
Leasing Market Efficiency Act This bill requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process. The BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.
Energy revenues and royaltiesGovernment buildings, facilities, and propertyLand use and conservationOil and gasWilderness and natural areas, wildlife refuges, wild rivers, habitats