Bonding Reform and Taxpayer Protection Act of 2019
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (Sep 17, 2019)
Bonding Reform and Taxpayer Protection Act of 2019
This bill revises bonding requirements for oil and gas development.
Specifically, the bill increases the amount of bond that oil and gas developers must provide prior to conducting surface-disturbing activities and requires such amounts to adjust every three years for inflation.
The bill also requires the Department of the Interior and the Department of Agriculture to establish uniform standards for all interim and final reclamation plans and not release any bond amounts until the standards have been met by oil and gas developers.
What just happenedSep 24, 2019
Subcommittee Hearings Held.
Who’s behind it
- Introduced in HouseSep 17, 2019
- Sep 24, 2019Committee
Subcommittee Hearings Held.
Energy and Mineral Resources Subcommittee - Sep 17, 2019Committee
Referred to the Subcommittee on Energy and Mineral Resources.
Energy and Mineral Resources Subcommittee - Sep 17, 2019IntroReferralH11100
Referred to the House Committee on Natural Resources.
Natural Resources Committee - Sep 17, 2019IntroReferralIntro-H
Introduced in House
- Sep 17, 2019IntroReferral1000
Introduced in House