3.0.0 2906 2022-10-28T02:00:25Z 2022-10-28T02:00:25Z Senate S 2019-11-20 116 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2019-11-20T18:06:57Z Stop Giving Big Oil Free Money Act of 2019 116 5186 HR 2019-12-06 Referred to the Subcommittee on Energy and Mineral Resources. Related bill CRS 2019-11-20 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2019-11-20 Introduced in Senate IntroReferral 10000 9 Library of Congress M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. N Energy Energy prices Energy revenues and royalties Gulf of Mexico Marine and coastal resources, fisheries Oil and gas Energy 00 2019-11-20 Introduced in Senate 2021-03-24T18:21:22Z Stop Giving Big Oil Free Money Act

This bill prohibits the Department of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico to any person who does not renegotiate certain existing leases to require royalty payments if the price of oil and natural gas is greater than or equal to specified price thresholds.

Interior must also, upon request, agree to amend any lease issued for any Central and Western Gulf of Mexico tract during the period of January 1, 1996, through November 28, 2000, to incorporate specified price thresholds.

]]> Stop Giving Big Oil Free Money Act Display Title Stop Giving Big Oil Free Money Act Short Title(s) as Introduced Stop Giving Big Oil Free Money Act Introduced in Senate IS Official Title as Introduced A bill to prohibit the Secretary of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to a person that does not renegotiate its existing leases in order to require royalty payments if oil and natural gas prices are greater than or equal to specified price thresholds, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-11-20T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s2906is/xml/BILLS-116s2906is.xml 2019-11-20 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.