Ask AI
S. 5217

Use it or Lose it Act of 2022

Use it or Lose it Act of 2022

This bill requires holders of certain offshore and onshore oil and gas leases to diligently develop their leases. The Department of the Interior may assess an annual fee against a leaseholder who fails to appropriately develop a lease.

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

Sen. Menendez, Robert [D-NJ](D-NJ)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions
  1. IntroReferral

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

    Energy and Natural Resources Committee
  2. IntroReferral10000

    Introduced in Senate

Use it or Lose it Act of 2022 — Informed