3.0.0 3611 2023-01-11T13:42:45Z 2023-01-11T13:42:45Z Senate S 2020-05-05 116 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2020-05-05T20:31:04Z ReWIND Act 116 6707 HR 2020-05-27 Referred to the Subcommittee on Energy and Mineral Resources. Related bill CRS End Polluter Welfare Act of 2020 116 7781 HR 2020-09-03 Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. Related bill CRS STOP Act of 2020 116 6289 HR 2020-04-01 Referred to the Subcommittee on Energy and Mineral Resources. Related bill CRS A bill to amend the Mineral Leasing Act to repeal a provision relating to the suspension, waiver, or reduction of rents or royalties by the Secretary of the Interior to promote development or operation, to amend the Outer Continental Shelf Lands Act to limit the authority of the Secretary to reduce or eliminate certain royalties and net profit shares, and for other purposes. 116 3488 S 2020-03-12 Read twice and referred to the Committee on Energy and Natural Resources. Related bill CRS End Polluter Welfare Act of 2020 116 4887 S 2020-11-10 Read twice and referred to the Committee on Finance. Related bill CRS 2020-05-05 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2020-05-05 Introduced in Senate IntroReferral 10000 9 Library of Congress M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR N S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2020-05-05 True M000133 Sen. Markey, Edward J. [D-MA] Edward Markey D MA J. 2020-05-05 True W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2020-05-05 True H001075 Sen. Harris, Kamala D. [D-CA] Kamala Harris D CA D. 2020-05-05 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2020-05-05 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2020-05-05 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2020-05-05 True W000817 Sen. Warren, Elizabeth [D-MA] Elizabeth Warren D MA A. 2020-05-05 True V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2020-06-03 False Energy Administrative law and regulatory procedures Banking and financial institutions regulation Cardiovascular and respiratory health Coal Corporate finance and management Credit and credit markets Emergency medical services and trauma care Energy revenues and royalties Energy storage, supplies, demand Financial services and investments Government lending and loan guarantees Infectious and parasitic diseases Marine and coastal resources, fisheries Military procurement, research, weapons development Mining Oil and gas Public contracts and procurement Public participation and lobbying Strategic materials and reserves Energy 00 2020-05-05 Introduced in Senate 2020-12-09T16:17:17Z Resources for Workforce Investments, Not Drilling Act or the ReWIND Act

This bill limits the financial assistance that fossil fuel companies may receive from programs that provide relief to businesses affected by the COVID-19 (i.e., coronavirus disease 2019) outbreak, the Department of Interior's authority with respect to fossil fuels, the types and amount of oil that may be placed in the Strategic Petroleum Reserve (SPR), and the issuance or modification of rules until the COVID-19 national emergency terminates.

Specifically, it prohibits fossil fuel businesses from receiving financial assistance, loans, and loan guarantees under specified provisions of the Defense Production Act of 1950 and the Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. Further, certain financial institutions (e.g., banks) that receive funding under the CARES Act may not operate or invest in such businesses for two years.

In addition, Interior may not (1) conduct lease sales for oil or natural gas; (2) issue leases for oil, natural gas, or coal; (3) modify regulations related to fossil fuel; or (4) reduce or eliminate royalty rates for fossil fuel leases on federal lands and in federal waters.

The bill decreases the storage cap on the SPR and declares that privately-owned oil may not be stored in the SPR.

Finally, the bill suspends the issuance of new rules until the national emergency terminates unless the rules are specifically required to respond to, or recover from, COVID-19.

]]> ReWIND Act Display Title ReWIND Act Short Title(s) as Introduced ReWIND Act Introduced in Senate IS Short Title(s) as Introduced Resources for Workforce Investments, Not Drilling Act Introduced in Senate IS Official Title as Introduced A bill to amend the Mineral Leasing Act and the Outer Continental Shelf Lands Act to limit the authority of the Secretary of the Interior to reduce certain royalties, to amend the CARES Act to limit the provision of assistance to certain businesses, to impose a moratorium on certain oil and natural gas lease sales, the issuance of coal leases, and modifications to certain regulations, to extend certain public comment periods, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-05-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3611is/xml/BILLS-116s3611is.xml 2020-05-05 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.