License to Drill Act

This bill amends the Mineral Leasing Act to significantly extend the duration of a specific fee collection. It prolongs the period during which the Secretary of the Interior is required to collect a fee for each new application for a permit to drill, moving the expiration date from 2026 to 2037 . Furthermore, the legislation clarifies and mandates that for fiscal years 2027 through 2037, all fees collected from these drilling permit applications must be transferred to the BLM Permit Processing Improvement Fund . This ensures continued funding for permit processing improvements through these collected fees for an additional eleven years.