[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 922 Introduced in Senate (IS)]
107th CONGRESS
1st Session
S. 922
To amend the Mineral Leasing Act to make available for the Low-Income
Home Energy Assistance Program a specified percentage of the money
received by the United States from onshore Federal oil and gas
development.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
May 21, 2001
Mr. Schumer (for himself and Mrs. Clinton) introduced the following
bill; which was read twice and referred to the Committee on Finance
_______________________________________________________________________
A BILL
To amend the Mineral Leasing Act to make available for the Low-Income
Home Energy Assistance Program a specified percentage of the money
received by the United States from onshore Federal oil and gas
development.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Low-Income Energy Assistance
Reinvestment Act''.
SEC. 2. FINDINGS AND PURPOSE.
(a) Findings.--Congress finds that--
(1) high energy costs are causing hardship for families;
(2) restructured energy markets have increased the need for
a higher and more consistent level of funding for low-income
energy assistance programs;
(3) senior citizens, low-income individuals, and
individuals living on fixed incomes have been especially hurt
by higher energy costs;
(4) high natural gas prices and unprecedented demand for
electricity are likely to keep electricity rates high across
the United States;
(5) summer cooling requirements will only exacerbate the
problem of continued high electricity rates;
(6) the Low-Income Home Energy Assistance Program
established under the Low-Income Home Energy Assistance Act of
1981 (42 U.S.C. 8621 et seq.), assists consumers in managing
increased costs and ensures that key investments are made in
weatherization; and
(7) royalty revenues from oil produced from Federal land
should be used to help those suffering from the high costs of
restructured energy markets.
(b) Purpose.--The purpose of this Act is to provide additional
assistance for home energy needs to individuals who are most affected
by high energy prices.
SEC. 3. AVAILABILITY OF ONSHORE FEDERAL OIL AND GAS REVENUES FOR LOW-
INCOME HOME ENERGY ASSISTANCE PROGRAM.
Section 35(a) of the Mineral Leasing Act (30 U.S.C. 191(a)) is
amended in the first sentence--
(1) by striking ``paid into the Treasury of the United
States;'' and inserting ``deposited in the Treasury of the
United States, of which 5 percent shall be available to the
Secretary of Health and Human Services for use in carrying out
the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C.
8621 et seq.);''; and
(2) by striking ``per centum'' each place it appears and
inserting ``percent''.
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