Stop Giving Big Oil Free Money Act of 2019
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Nov 20, 2019)
Stop Giving Big Oil Free Money Act of 2019
This bill prohibits the Department of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico to any person who does not renegotiate certain existing leases to require royalty payments if the price of oil and natural gas is greater than or equal to specified price thresholds.
Interior must also, upon request, agree to amend any lease issued for any Central and Western Gulf of Mexico tract during the period of January 1, 1996, through November 28, 2000, to incorporate specified price thresholds.
What just happenedDec 6, 2019
Referred to the Subcommittee on Energy and Mineral Resources.
Who’s behind it
- Introduced in HouseNov 20, 2019
- Dec 6, 2019Committee
Referred to the Subcommittee on Energy and Mineral Resources.
Energy and Mineral Resources Subcommittee - Nov 20, 2019IntroReferralH11100
Referred to the House Committee on Natural Resources.
Natural Resources Committee - Nov 20, 2019IntroReferralIntro-H
Introduced in House
- Nov 20, 2019IntroReferral1000
Introduced in House