Bill > S5039

This bill, titled the "License to Drill Act," amends the Mineral Leasing Act to extend the timeframe during which the Secretary of the Interior is required to collect a fee for each new application for a permit to drill, which is a permit required to begin drilling for oil and gas on federal lands. Specifically, it changes the expiration date for this fee collection from 2026 to 2037. Additionally, it modifies how these collected fees are handled, ensuring that for fiscal years 2027 through 2037, all fees collected are transferred to the "BLM Permit Processing Improvement Fund," which is a fund dedicated to enhancing the processing of these permits by the Bureau of Land Management (BLM).