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Fees for Oil and Gas Land Lease Interest Expressions

This act changes how fees are assessed for expressing interest in leasing land for oil and gas exploration and development. It introduces new rules for collecting these fees, whether bids are received or not, which could impact energy companies' operating costs and potentially energy prices.
Key points
New fees for expressing interest in oil and gas land leases, payable even if no bids are received.
Fees will be assessed against the first person who expressed interest if no bids are received, or against the successful bidder.
An expression of interest will remain active for at least 5 years unless the land is offered at a lease sale.
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Expired
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Additional Information
Print number: 118_HR_7375
Sponsor: Rep. Hageman, Harriet M. [R-WY-At Large]
Process start date: 2024-02-15
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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

Expression of Interest Sensibility Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7375.

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 2024-02-15.

What are the main provisions?

Key points include:

  • New fees for expressing interest in oil and gas land leases, payable even if no bids are received.
  • Fees will be assessed against the first person who expressed interest if no bids are received, or against the successful bidder.
  • An expression of interest will remain active for at least 5 years unless the land is offered at a lease sale.
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. Hageman, Harriet M. [R-WY-At Large].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 677.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Environment Economy