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Refunds for Inactive Mineral Lease Interest Fees

This bill introduces changes that could affect individuals and companies interested in mineral leasing. Under the new rules, the fee for submitting an expression of interest in mineral leasing will be refunded if the expression of interest becomes inactive. Additionally, these expressions of interest will remain active for at least five years, providing more time for consideration.
Key points
Fees for mineral lease expressions of interest will be refunded if the expression becomes inactive.
Expressions of interest for mineral leases will remain active for a minimum of five years.
The nonrefundable nature of mineral lease expression of interest fees has been removed.
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Additional Information
Print number: 118_HR_6481
Sponsor: Rep. Hageman, Harriet M. [R-WY-At Large]
Process start date: 2023-11-28