3.0.0 1700 2023-01-11T13:17:58Z 2023-01-11T13:17:58Z Senate S S 2009-09-23 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2009-09-23T19:27:49Z 2009-09-23 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S9746-9747) IntroReferral 2009-09-23 Sponsor introductory remarks on measure. (CR S9745-9746) IntroReferral B00100 9 Library of Congress 2009-09-23 Introduced in Senate IntroReferral 10000 9 Library of Congress L000504 Sen. Lugar, Richard G. [R-IN] RICHARD LUGAR R IN GREEN N C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2009-09-23 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2009-09-23 True W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2009-09-23 True F000061 Sen. Feingold, Russell D. [D-WI] RUSSELL FEINGOLD D WI D. 2009-09-23 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2009-09-23 True L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2009-10-06 False D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2009-10-13 False B001233 Sen. Bayh, Evan [D-IN] EVAN BAYH D IN 2009-10-15 False M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2009-10-19 False J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2010-03-09 False F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2010-03-10 False M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2010-03-11 False L000304 Sen. Lieberman, Joseph I. [ID-CT] JOSEPH LIEBERMAN ID CT I. 2010-04-19 False Energy Administrative law and regulatory procedures Corporate finance and management Diplomacy, foreign officials, Americans abroad Energy revenues and royalties Government information and archives International organizations and cooperation Land use and conservation Mining Oil and gas Securities and Exchange Commission (SEC) Sovereignty, recognition, national governance and status User charges and fees Energy 00 2009-09-23 Introduced in Senate 2009-10-19T18:19:22Z Energy Security Through Transparency Act of 2009 - Expresses the sense of Congress with respect to: (1) the establishment by foreign governments of requirements that companies under their jurisdiction publicly disclose any payments made to a government relating to the commercial development of oil, natural gas, and minerals; (2) the U.S. commitment to global leadership of transparency in extractive industries by supporting multilateral pro-transparency efforts, bilateral good governance efforts through U.S. missions and activities abroad, implementation of extractive industries reporting requirements for companies under U.S. jurisdiction, and efforts to persuade members of the Organization for Economic Cooperation and Development (OECD) and Asia-Pacific Economic Cooperation (APEC) to adopt uniform legislation to ensure a coordinated regulatory approach; and (3) the need for the President to commit the United States to become a Candidate Country of the Extractive Industry Transparency Initiative.

Requires the Secretary of the Interior to disclose to the public any payment relating to the commercial development of oil, natural gas, and minerals on federal land made by any person to the government. Includes as a "payment" taxes, royalties, fees, licenses, production entitlements, bonuses, and other material benefits, as determined by the Securities and Exchange Commission (SEC).

Amends the Securities Exchange Act of 1934 to require the SEC to issue rules requiring each resource extraction issuer (an issuer that engages in the commercial development of oil, natural gas, or minerals) to include in its annual report information relating to any payment made by the issuer, a subsidiary or partner, or an entity under its control to a foreign government for the purpose of such commercial development. Requires such rules, to the extent practicable, to support the U.S. commitment to international transparency promotion efforts relating to such commercial development.

Requires the SEC, to the extent practicable, to make publicly available online a compilation of the information required to be submitted under the disclosure rules issued pursuant to this Act.

]]> Energy Security Through Transparency Act of 2009 Display Title Energy Security Through Transparency Act of 2009 Official Title as Introduced A bill to require certain issuers to disclose payments to foreign governments for the commercial development of oil, natural gas, and minerals, to express the sense of Congress that the President should disclose any payment relating to the commercial development of oil, natural gas, and minerals on Federal land, and for other purposes. Introduced in Senate IS Short Titles as Introduced Energy Security Through Transparency Act of 2009 Introduced in Senate 2009-09-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s1700is/xml/BILLS-111s1700is.xml 2009-09-23 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S9746-9747) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.