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Bill > HR6289


US HR6289

US HR6289
STOP Act of 2020 Stop Trump’s Oil Payoff Act of 2020


summary

Introduced
03/19/2020
In Committee
04/01/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

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. This bill prohibits the Department of the Interior from suspending, waiving, or reducing rents or royalties that the government receives for the production of certain mineral resources (e.g., fossil fuel) on leased public land, including royalties or net profit shares received from oil and gas exploration on the Outer Continental Shelf.

AI Summary

This bill, the STOP Act of 2020 or Stop Trump's Oil Payoff Act of 2020, aims to prohibit the Department of the Interior from suspending, waiving, or reducing rents or royalties that the government receives for the production of certain mineral resources, such as fossil fuels, on leased public land, including royalties or net profit shares received from oil and gas exploration on the Outer Continental Shelf. The bill repeals a provision of the Mineral Leasing Act that allows the Secretary of the Interior to suspend, waive, or reduce these rents or royalties to promote development or operation, and it limits the Secretary's authority to reduce or eliminate certain royalties and net profit shares under the Outer Continental Shelf Lands Act.

Committee Categories

Agriculture and Natural Resources

Sponsors (13)

Last Action

Referred to the Subcommittee on Energy and Mineral Resources. (on 04/01/2020)

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