[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6530 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 6530

 To amend the Energy Act of 2020 to provide for energy parity, and for 
                            other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 30, 2023

  Mr. Lamborn (for himself and Mr. Newhouse) introduced the following 
bill; which was referred to the Committee on Natural Resources, and in 
     addition to the Committee on Agriculture, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
 To amend the Energy Act of 2020 to provide for energy parity, and for 
                            other purposes.

    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 ``Energy Parity Act''.

SEC. 2. PARITY IN REDUCTIONS IN ROYALTY RATES AND CAPACITY FEES.

    (a) Definitions.--Section 3101 of the Energy Act of 2020 (43 U.S.C. 
3001) is amended--
            (1) in paragraph (1)(B), by inserting ``, or the production 
        of oil or natural gas,'' after ``wind energy''; and
            (2) in paragraph (4)--
                    (A) strike ``that'' and insert ``that--''; and
                    (B) strike ``uses wind, solar, or geothermal energy 
                to generate energy.'' and insert the following:
                    ``(A) uses wind, solar, or geothermal energy to 
                generate energy; or
                    ``(B) produces oil or natural gas.''.
    (b) Increasing Economic Certainty.--Section 3103 of the Energy Act 
of 2020 (43 U.S.C. 3003) is amended--
            (1) in subsection (a)--
                    (A) by inserting ``royalty rates,'' after 
                ``capacity fees,''; and
                    (B) by striking ``wind and solar'' and inserting 
                ``oil, natural gas, wind, and solar'';
            (2) in subsection (b)--
                    (A) by striking ``and capacity fees, or both,'' and 
                inserting ``, capacity fees, and royalty rates'';
                    (B) by striking ``wind and solar'' and inserting 
                ``oil, natural gas, wind, and solar''; and
                    (C) in paragraph (2)--
                            (i) by striking ``or capacity fee'' and 
                        inserting ``, capacity fee, or royalty rate''; 
                        and
                            (ii) by striking ``wind and solar'' and 
                        inserting ``oil, natural gas, wind, and 
                        solar''; and
            (3) by adding at the end the following:
    ``(c) Parity in Reductions in Royalty Rates and Capacity Fees.--If 
the Secretary reduces capacity fees for wind and solar authorizations 
pursuant to this section, the Secretary shall reduce royalty rates for 
oil and natural gas authorizations by the percentage that is equal to 
the percentage of the reduction in capacity fees.''.

SEC. 3. PROPOSED RULE ON RIGHTS-OF-WAY, LEASING, AND OPERATIONS FOR 
              RENEWABLE ENERGY.

    Not later than 120 days after the date of enactment of this Act, 
the Bureau of Land Management shall reissue the proposed rule titled 
``Rights-of-Way, Leasing, and Operations for Renewable Energy'' and 
published June 16, 2023 (88 Fed. Reg. 39726), to carry out the 
amendments made by section 2.

SEC. 4. RATES UNDER THE MINERAL LEASING ACT.

    (a) Onshore Oil and Gas Royalty Rates.--
            (1) Lease of oil and gas land.--Section 17 of the Mineral 
        Leasing Act (30 U.S.C. 226) is amended--
                    (A) in subsection (b)(1)(A)--
                            (i) by striking ``not less than 16\2/3\'' 
                        and inserting ``not less than 12.5''; and
                            (ii) by striking ``or, in the case of a 
                        lease issued during the 10-year period 
                        beginning on the date of enactment of the Act 
                        titled `An Act to provide for reconciliation 
                        pursuant to title II of S. Con. Res. 14', 16\2/
                        3\ percent in amount or value of the production 
                        removed or sold from the lease''; and
                    (B) by striking ``16\2/3\ percent'' each place it 
                appears and inserting ``12.5 percent''.
            (2) Conditions for reinstatement.--Section 31(e)(3) of the 
        Mineral Leasing Act (30 U.S.C. 188(e)(3)) is amended by 
        striking ``20'' inserting ``16\2/3\''.
    (b) Oil and Gas Minimum Bid.--Section 17(b) of the Mineral Leasing 
Act (30 U.S.C. 226(b)) is amended--
            (1) in paragraph (1)(B), by striking ``$10 per acre during 
        the 10-year period beginning on the date of enactment of the 
        Act titled `An Act to provide for reconciliation pursuant to 
        title II of S. Con. Res. 14'.'' and inserting ``$2 per acre for 
        a period of 2 years from the date of the enactment of the 
        Federal Onshore Oil and Gas Leasing Reform Act of 1987.''; and
            (2) in paragraph (2)(C), by striking ``$10 per acre'' and 
        inserting ``$2 per acre''.
    (c) Fossil Fuel Rental Rates.--Section 17(d) of the Mineral Leasing 
Act (30 U.S.C. 226(d)) is amended to read as follows:
    ``(d) All leases issued under this section, as amended by the 
Federal Onshore Oil and Gas Leasing Reform Act of 1987, shall be 
conditioned upon payment by the lessee of a rental of not less than 
$1.50 per acre per year for the first through fifth years of the lease 
and not less than $2 per acre per year for each year thereafter. A 
minimum royalty in lieu of rental of not less than the rental which 
otherwise would be required for that lease year shall be payable at the 
expiration of each lease year beginning on or after a discovery of oil 
or gas in paying quantities on the lands leased.''.
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