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Higher Fees and Penalties for Oil and Gas Companies

This act increases fees and penalties for oil and gas companies operating on federal lands, aiming to boost government revenue. Citizens might experience indirect effects through potential fuel price changes, but the primary goal is to ensure a fairer return from public resources.
Key points
Increased onshore oil and gas royalty rates from 12.5% to 18.75%.
Raised minimum bid amounts for land leases from $2 to $10 per acre.
Increased inspection fees and penalties for violations, aiming to improve safety and accountability.
Repealed certain royalty relief provisions for oil and gas companies in the Gulf of Mexico and Alaska.
Introduced royalties on all extracted methane, including that lost through venting, flaring, or fugitive releases, to reduce waste and emissions.
article Official text account_balance Process page
Expired
Citizen Poll
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Additional Information
Print number: 117_HR_1517
Sponsor: Rep. Porter, Katie [D-CA-45]
Process start date: 2021-03-02
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Ending Taxpayer Welfare for Oil and Gas Companies Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1517.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-03-02.

What are the main provisions?

Key points include:

  • Increased onshore oil and gas royalty rates from 12.5% to 18.75%.
  • Raised minimum bid amounts for land leases from $2 to $10 per acre.
  • Increased inspection fees and penalties for violations, aiming to improve safety and accountability.
  • Repealed certain royalty relief provisions for oil and gas companies in the Gulf of Mexico and Alaska.
  • Introduced royalties on all extracted methane, including that lost through venting, flaring, or fugitive releases, to reduce waste and emissions.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Porter, Katie [D-CA-45].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 455.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy Environment Taxes