HR. 526In Committee
Declaration of Energy Independence Act
Reduces royalty rates, bids, rentals, and fees for onshore oil and gas leases on federal lands while changing leasing and lease reinstatement rules
Plain-English overview
What this bill does
Reduces royalty rates, bids, rentals, and fees for onshore oil and gas leases on federal lands while changing leasing and lease reinstatement rules
Key points
- Amend lease reinstatement conditions
- Modify noncompetitive leasing rules
- Reduce oil and gas royalty rates
- Reduce lease bids rentals and fees
Current status
Where it stands
Status
In Committee
Latest action
2025-01-16 — Referred to the House Committee on Natural Resources.
Related context
Topics and policy areas
undefinedEnergy