H.R.1517: Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021

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Bill Summary

Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021 This bill addresses royalties related to the development of federal energy resources. Among other requirements, 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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.1517.

Bill Actions

Date Description
Dec. 14, 2022
Placed on the Union Calendar, Calendar No. 455.
Dec. 14, 2022
Reported (Amended) by the Committee on Natural Resources. H. Rept. 117-632.
May 5, 2021
Ordered to be Reported by the Yeas and Nays: 23 - 14.
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 Katie Porter (D-Calif.)

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