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New Mining Lease Rules: Use It or Lose It Act

This act changes rules for mineral leases to encourage companies to develop sites faster. Companies that don't develop their current leases may lose eligibility for new ones. The goal is to ensure more efficient resource use and environmental protection.
Key points
Companies must show active development of existing leases to qualify for new ones.
Unused drilling permits will expire after one year, with a single 180-day extension possible.
Companies with many unused permits may be barred from new applications until they develop or relinquish some.
Priority for drilling permits will go to companies committed to environmental protection and site reclamation.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_S_4733
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2022-08-02
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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

Use it or Lose It Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4733.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-08-02.

What are the main provisions?

Key points include:

  • Companies must show active development of existing leases to qualify for new ones.
  • Unused drilling permits will expire after one year, with a single 180-day extension possible.
  • Companies with many unused permits may be barred from new applications until they develop or relinquish some.
  • Priority for drilling permits will go to companies committed to environmental protection and site reclamation.
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 Sen. Cortez Masto, Catherine [D-NV].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Environment Economy