Use it or Lose it Act of 2022

United States117th CongressS-5217Senate
Updated: Dec 8, 2022

Summary

Use it or Lose it Act of 2022 This bill requires holders of certain offshore and onshore oil and gas leases to diligently develop their leases. The Department of the Interior may assess an annual fee against a leaseholder who fails to appropriately develop a lease.

Bill texts

Available versions
Introduced (Senate)View official text

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Timeline

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Energy and Natural Resources.

    Senate

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