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Searching...- Bills
- S.600
S.600: Use It or Lose It Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about families
- Introduced March 16, 2011
- Latest Major Action March 16, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
10 (All Democrats)
Bill Summary
Use It or Lose It Act of 2011 - Requires holders of leases authorizing exploration and production of oil or natural gas to develop them diligently in order to ensure timely production from the lease. Amends the Mineral Leasing Act and the Outer Continental Shelf Lands Act to direct the Secretary of the Interior to require a lessee, as a condition of such a lease, to pay an annual fee of $4 per acre on the acres covered by a non-producing...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Energy and Natural Resources.
|
|
| March 16, 2011 |
Introduced in the Senate by Robert Menendez (D-N.J.) |