Taxpayer Fairness for Resource Development Act of 2019

This bill addresses royalties related to the development of federal energy resources.

Among other things, the bill

• increases the onshore royalty rates for new oil, gas, and coal leases;
• increases onshore rental rates for oil and gas leasing;
• modifies the current onshore oil and gas minimum bid from $2 to $5 and requires it to be adjusted every four years for inflation; and
• makes revisions to the charter of the Royalty Policy Committee, including to increase to six the number of members who are representatives of academia or the public.