119th Congress · HOUSE BILLBILL

H.R. 1194Federal Lands and Waters Leasing Transparency Act

To amend the Outer Continental Shelf Lands Act and the Mineral Leasing Act to require reports on rejected bids, to clarify timelines for the issuance of leases, and for other purposes.

Energy
Introduced Feb 11, 2025
Last action Feb 11, 2025
Pipeline · Bill → Law
Step 1
Introduced
Feb 11, 2025
Step 2
Referred
Feb 11, 2025
Natural Resources · Judiciary
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill directs the Department of the Interior to provide explanations to the highest bidders when it rejects their bids for certain offshore oil and gas leases. The bill also prohibits courts from invalidating or delaying certain onshore and offshore oil and gas leases. When Interior determines that the federal government will not receive the fair market value for offshore lease tracts on submerged lands of the Outer Continental Shelf from the highest bidder, then Interior must provide a report to the bidder that explains the basis for the determination. If the bid was subject to a resource and economic evaluation, the report must include information on how the bid compares to specified...

Provisions · 4 sectionsIntroduced in House
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Timeline · 3 actions
Feb 11, 2025
Introduced in House
Feb 11, 2025
Referred to the Committee on Natural Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 11, 2025
Referred to the Committee on Natural Resources, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.