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- S.2962
S.2962: COMPETES Act
About This Bill
- Introduced Oct. 7, 2021
- Latest Major Action Oct. 7, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in Senate - Oct. 7, 2021
Bill Summary
Competitive Onshore Mineral Policy via Eliminating Taxpayer-Enabled Speculation Act or the COMPETES Act This bill revises the process of leasing public land for oil and gas development. For example, it requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process. Further, the BLM must ensure the receipt by the United States of fair market value for any land or resources leased and...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 7, 2021 |
Read twice and referred to the Committee on Energy and Natural Resources.
|
| Oct. 7, 2021 |
Introduced in the Senate by John Hickenlooper (D-Colo.) |