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Bill > S947


US S947

Lower Energy Costs Act Water Quality Certification and Energy Project Improvement Act of 2023 TAPP American Resources Act Transparency, Accountability, Permitting, and Production of American Resources Act


summary

Introduced
03/22/2023
In Committee
03/22/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to lower energy costs by increasing American energy production, exports, infrastructure, and critical minerals processing, by promoting transparency, accountability, permitting, and production of American resources, and by improving water quality certification and energy projects, and for other purposes.

AI Summary

This bill, the Lower Energy Costs Act, aims to increase American energy production, exports, infrastructure, and critical minerals processing, promote transparency and accountability in permitting and production of American resources, and improve water quality certification for energy projects. Key provisions include: - Requiring the immediate resumption of quarterly onshore oil and gas lease sales and setting minimum annual lease sale requirements in certain states. - Streamlining the Federal permitting process for energy projects, including designating the Federal Energy Regulatory Commission as the lead agency for natural gas pipeline reviews and establishing deadlines for permit approvals. - Barring the President from imposing certain restrictions on oil, gas, and mineral development on Federal lands without Congressional authorization. - Providing more certainty and flexibility for mineral exploration and mining projects on Federal lands, including through expedited permitting. - Reducing royalty rates for offshore oil and gas production and onshore federal oil and gas leases. - Enhancing revenue sharing with Gulf Coast states from offshore oil and gas production and offshore wind projects. - Amending the Clean Water Act to clarify the scope of water quality certifications for energy projects. Overall, the bill aims to bolster domestic energy production and supplies by streamlining regulations and permitting, while also increasing revenue sharing with certain states.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Read twice and referred to the Committee on Energy and Natural Resources. (on 03/22/2023)

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