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Fees for Unused Oil and Gas Leases: Incentivizing Production

This new law aims to accelerate oil and gas extraction from federal lands. It mandates active development of leases and introduces fees for those that remain unused. This is intended to increase resource availability and government revenue.
Key points
Companies leasing federal land for oil and gas will be required to actively develop these leases.
An annual fee will be introduced for non-producing leases, starting at a minimum of $10 per acre per year.
The fee amount will be regularly adjusted for inflation, and collected funds will go to the Treasury.
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Status:
Expired
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Additional Information
Print number: 117_S_5217
Sponsor: Sen. Menendez, Robert [D-NJ]
Process start date: 2022-12-08
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Use it or Lose it Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5217.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-12-08.

What are the main provisions?

Key points include:

  • Companies leasing federal land for oil and gas will be required to actively develop these leases.
  • An annual fee will be introduced for non-producing leases, starting at a minimum of $10 per acre per year.
  • The fee amount will be regularly adjusted for inflation, and collected funds will go to the Treasury.
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. Menendez, Robert [D-NJ].

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.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Environment Economy