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H.R. 5577

Innovation in Offshore Leasing Act

Innovation in Offshore Leasing Act

(Sec. 2)This bill amends the Outer Continental Shelf Lands Act to authorize the Bureau of Ocean Energy Management (BOEM)to conduct offshore oil and gas lease sales through Internet-based bidding methods.

Before conducting any Internet-based sale, BOEM is required to gather information from each company present for bidding at the 10 most recent oil and gas lease sales conducted under the Outer Continental Shelf Lands Act. The information is designed to provide the bidding public sufficient opportunity to share ideas, methods, and concerns regarding Internet-based leasing.

All Internet-based sales must meet certain requirements and BOEM shall publicly disclose statistical data regarding any sale on the day the sale is executed.

Additionally, BOEM must conduct at least one Internet-based lease sale in the Gulf of Mexico Outer Continental Shelf Region within 18 months.

BOEM must also provide a report to Congress within 90 days after it conducts a third Internet-based lease sale.

Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.

Rep. Graves, Garret [R-LA-6](R-LA)Sponsor
5 cosponsors2 D3 R
5cosponsors2committees19actions7subjects
  1. IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.

    Energy and Natural Resources Committee
  2. FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5069-5070)

  4. Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5069-5070)

  5. FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 5577.

  6. FloorH30000

    Considered under suspension of the rules. (consideration: CR H5069-5070)

  7. FloorH30300

    Mr. Thompson (PA) moved to suspend the rules and pass the bill, as amended.

  8. CalendarsH12410

    Placed on the Union Calendar, Calendar No. 552.

  9. CommitteeH12200

    Reported (Amended) by the Committee on Natural Resources. H. Rept. 114-713.

    Natural Resources Committee
  10. Committee5000

    Reported (Amended) by the Committee on Natural Resources. H. Rept. 114-713.

    Natural Resources Committee
  11. Committee

    Ordered to be Reported (Amended) by Unanimous Consent.

    Natural Resources Committee
  12. Committee

    Committee Consideration and Mark-up Session Held.

    Natural Resources Committee
  13. Committee

    Committee Consideration and Mark-up Session Held.

    Natural Resources Committee
  14. Committee

    Subcommittee on Energy and Mineral Resources Discharged.

    Natural Resources Committee
  15. Committee

    Subcommittee Hearings Held.

    Energy and Mineral Resources Subcommittee
  16. Committee

    Referred to the Subcommittee on Energy and Mineral Resources.

    Energy and Mineral Resources Subcommittee
  17. IntroReferralH11100

    Referred to the House Committee on Natural Resources.

    Natural Resources Committee
  18. IntroReferralIntro-H

    Introduced in House

  19. IntroReferral1000

    Introduced in House

Sep 6, 201636

Innovation in Offshore Leasing Act

(Sec. 2)This bill amends the Outer Continental Shelf Lands Act to authorize the Bureau of Ocean Energy Management (BOEM)to conduct offshore oil and gas lease sales through Internet-based bidding methods.

Before conducting any Internet-based sale, BOEM is required to gather information from each company present for bidding at the 10 most recent oil and gas lease sales conducted under the Outer Continental Shelf Lands Act. The information is designed to provide the bidding public sufficient opportunity to share ideas, methods, and concerns regarding Internet-based leasing.

All Internet-based sales must meet certain requirements and BOEM shall publicly disclose statistical data regarding any sale on the day the sale is executed.

Additionally, BOEM must conduct at least one Internet-based lease sale in the Gulf of Mexico Outer Continental Shelf Region within 18 months.

BOEM must also provide a report to Congress within 90 days after it conducts a third Internet-based lease sale.

Jun 24, 2016

Innovation in Offshore Leasing Act

This bill amends the Outer Continental Shelf Lands Act to authorize the Bureau of Ocean Energy Management (BOEM)to conduct offshore oil and gas lease sales through Internet-based bidding methods.

Before conducting any Internet-based sale, BOEM is required to gather information from each company present for bidding at the 10 most recent oil and gas lease sales conducted under the Outer Continental Shelf Lands Act. The information is designed to provide the bidding public sufficient opportunity to share ideas, methods, and concerns regarding Internet-based leasing.

All Internet-based sales must meet certain requirements and BOEM shall publicly disclose statistical data regarding any sale on the day the sale is executed.

Additionally, BOEM must conduct at least one Internet-based lease sale in the Gulf of Mexico Outer Continental Shelf Region within one year.

BOEM must also provide a report to Congress within 90 days after it conducts a third Internet-based lease sale.

Innovation in Offshore Leasing Act — Informed