3.0.0 2962 2023-01-01T23:49:24Z 2023-01-01T23:49:24Z Senate S 2021-10-07 117 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2021-10-07T17:22:00Z Inflation Reduction Act of 2022 117 5376 HR 2022-08-16 Became Public Law No: 117-169. Related bill CRS 2021-10-07 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. IntroReferral 2021-10-07 Introduced in Senate IntroReferral 10000 9 Library of Congress H000273 Sen. Hickenlooper, John W. [D-CO] John Hickenlooper D CO W. N H001046 Sen. Heinrich, Martin [D-NM] Martin Heinrich D NM T. 2021-10-07 True R000608 Sen. Rosen, Jacky [D-NV] Jacklyn Rosen D NV 2021-10-07 True Energy Energy 00 2021-10-07 Introduced in Senate 2022-12-15T16:09:47Z Competitive Onshore Mineral Policy via Eliminating Taxpayer-Enabled Speculation Act or the COMPETES Act

This bill revises the process of leasing public land for oil and gas development. For example, it requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process.

Further, the BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.

]]> COMPETES Act Official Title as Introduced A bill to amend the Mineral Leasing Act to ensure market competition in onshore oil and gas leasing, and for other purposes. Introduced in Senate IS Display Title COMPETES Act Short Title(s) as Introduced COMPETES Act Introduced in Senate IS Short Title(s) as Introduced Competitive Onshore Mineral Policy via Eliminating Taxpayer-Enabled Speculation Act Introduced in Senate IS Introduced in Senate 2021-10-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2962is/xml/BILLS-117s2962is.xml 2021-10-07 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.