3.0.0 600 2020-01-29T20:31:32Z 2020-01-29T20:31:32Z Senate S S 2011-03-16 112 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2011-03-16T22:06:55Z 2011-03-16 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2011-03-16 Introduced in Senate IntroReferral 10000 9 Library of Congress M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ N S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2011-03-16 True N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2011-03-16 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2011-03-16 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2011-03-16 True F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2011-03-16 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2011-03-16 True M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA 2011-03-17 False B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2011-03-17 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2011-03-28 False R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2011-03-30 False Energy Administrative law and regulatory procedures Department of the Interior Marine and coastal resources, fisheries Oil and gas User charges and fees Energy 00 2011-03-16 Introduced in Senate 2011-05-12T14:41:30Z Use It or Lose It Act of 2011 - Requires holders of leases authorizing exploration and production of oil or natural gas to develop them diligently in order to ensure timely production from the lease.

Amends the Mineral Leasing Act and the Outer Continental Shelf Lands Act to direct the Secretary of the Interior to require a lessee, as a condition of such a lease, to pay an annual fee of $4 per acre on the acres covered by a non-producing lease.

Directs the Secretary to issue regulations that: (1) prescribe requirements and benchmarks for diligent oil and gas development to produce oil and gas from each lease to the maximum extent practicable during the primary term of the lease, and (2) require each leaseholder to submit a diligent development plan describing how the lessee will meet such benchmarks.

]]> Use It or Lose It Act of 2011 Short Titles as Introduced Use It or Lose It Act of 2011 Display Title Use It or Lose It Act of 2011 Official Title as Introduced A bill to promote the diligent development of Federal oil and gas leases, and for other purposes. Introduced in Senate 2011-03-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s600is/xml/BILLS-112s600is.xml 2011-03-16 Read twice and referred to the Committee on Energy and Natural Resources. 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.