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Redirecting Public Land Revenue to Social Security Trust Fund

This bill aims to financially strengthen the Social Security system, which pays retirement and survivor benefits. It mandates that 10% of annual revenue generated by federal public lands, including forest areas and the Outer Continental Shelf, be deposited directly into the Old-Age and Survivors Trust Fund. This potentially means greater financial stability for current and future retirees, without raising prices for public land activities or reducing funds allocated to state and local governments.
Key points
Social Security Boost: 10% of annual revenue from federal public lands (including forests and the Outer Continental Shelf) will be directed to the retirement fund.
No Price Hikes: The Act explicitly prohibits raising prices for activities on public lands to generate this additional revenue.
Protection of Local Funds: Amounts made available to States, Indian Tribes, and local governments from public land revenue will not be reduced.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_34
Sponsor: Rep. Gosar, Paul A. [R-AZ-9]
Process start date: 2025-01-03
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

LASSO Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_34.

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 2025-01-03.

What are the main provisions?

Key points include:

  • Social Security Boost: 10% of annual revenue from federal public lands (including forests and the Outer Continental Shelf) will be directed to the retirement fund.
  • No Price Hikes: The Act explicitly prohibits raising prices for activities on public lands to generate this additional revenue.
  • Protection of Local Funds: Amounts made available to States, Indian Tribes, and local governments from public land revenue will not be reduced.
What is the specific legal status?

The current status is Introduced.

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. Gosar, Paul A. [R-AZ-9].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Forestry and Horticulture.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

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