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- H.R.1505
H.R.1505: Bonding Reform and Taxpayer Protection Act of 2021
About This Bill
- Introduced March 2, 2021
- Latest Major Action Dec. 14, 2022
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
15 (All Democrats)
Bill Versions
- Reported in House - Dec. 14, 2022
- Introduced in House - March 2, 2021
Bill Summary
Bonding Reform and Taxpayer Protection Act of 2021 This bill revises bonding requirements for oil and gas development on public land leased from the federal government. Such bonds are required to ensure oil and gas developers have adequate financial resources for implementing reclamation plans to restore public land after oil and gas development (e.g., drilling operations) ceases. Specifically, the bill increases the amount of bond that oil...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Dec. 14, 2022 |
Placed on the Union Calendar, Calendar No. 453.
|
| Dec. 14, 2022 |
Reported (Amended) by the Committee on Natural Resources. H. Rept. 117-629.
|
| May 5, 2021 |
Ordered to be Reported by the Yeas and Nays: 23 - 15.
|
| May 5, 2021 |
Committee Consideration and Mark-up Session Held.
|
| May 5, 2021 |
Subcommittee on Energy and Mineral Resources Discharged.
|
| March 9, 2021 |
Subcommittee Hearings Held.
|
| March 8, 2021 |
Referred to the Subcommittee on Energy and Mineral Resources.
|
| March 2, 2021 |
Referred to the House Committee on Natural Resources.
|
| March 2, 2021 |
Introduced in the House by Alan Lowenthal (D-Calif.) |