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Expression of Interest Sensibility Act

USA119th CongressHR-678| House 
| Updated: 1/23/2025
Harriet M. Hageman

Harriet M. Hageman

Republican Representative

Wyoming

Natural Resources Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The "Expression of Interest Sensibility Act" proposes amendments to the Mineral Leasing Act, specifically targeting the process and assessment of fees related to expressions of interest for oil and gas leases. Its primary goal is to refine when and to whom these fees are applied, ensuring a more structured approach to lease interest management. Under the revised provisions, if land for which an expression of interest was submitted receives no bids at a lease sale, the Secretary must assess a fee against the person who submitted the first expression of interest for that land. Conversely, if the land receives a successful bid , the fee for the expression of interest will be assessed against the successful bidder . The bill also establishes that an expression of interest will remain active for a minimum term of five years , unless the associated land is offered at a lease sale.
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Timeline

Bill from Previous Congress

HR 118-7375
Expression of Interest Sensibility Act
Jan 23, 2025
Introduced in House
Jan 23, 2025
Referred to the House Committee on Natural Resources.
  • Bill from Previous Congress

    HR 118-7375
    Expression of Interest Sensibility Act


  • January 23, 2025
    Introduced in House


  • January 23, 2025
    Referred to the House Committee on Natural Resources.

Energy

Expression of Interest Sensibility Act

USA119th CongressHR-678| House 
| Updated: 1/23/2025
The "Expression of Interest Sensibility Act" proposes amendments to the Mineral Leasing Act, specifically targeting the process and assessment of fees related to expressions of interest for oil and gas leases. Its primary goal is to refine when and to whom these fees are applied, ensuring a more structured approach to lease interest management. Under the revised provisions, if land for which an expression of interest was submitted receives no bids at a lease sale, the Secretary must assess a fee against the person who submitted the first expression of interest for that land. Conversely, if the land receives a successful bid , the fee for the expression of interest will be assessed against the successful bidder . The bill also establishes that an expression of interest will remain active for a minimum term of five years , unless the associated land is offered at a lease sale.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 118-7375
Expression of Interest Sensibility Act
Jan 23, 2025
Introduced in House
Jan 23, 2025
Referred to the House Committee on Natural Resources.
  • Bill from Previous Congress

    HR 118-7375
    Expression of Interest Sensibility Act


  • January 23, 2025
    Introduced in House


  • January 23, 2025
    Referred to the House Committee on Natural Resources.
Harriet M. Hageman

Harriet M. Hageman

Republican Representative

Wyoming

Natural Resources Committee

Energy

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted