[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 555 Reported in House (RH)]
Union Calendar No. 148
113th CONGRESS
1st Session
H. R. 555
[Report No. 113-201]
To amend the Mineral Leasing Act to authorize the Secretary of the
Interior to conduct onshore oil and gas lease sales through Internet-
based live lease sales, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 6, 2013
Mr. Johnson of Ohio (for himself, Mr. Duncan of South Carolina, and Mr.
Bishop of Utah) introduced the following bill; which was referred to
the Committee on Natural Resources
September 10, 2013
Additional sponsors: Mr. Thornberry, Mr. Cramer, and Mr. Gosar
September 10, 2013
Committed to the Committee of the Whole House on the State of the Union
and ordered to be printed
_______________________________________________________________________
A BILL
To amend the Mineral Leasing Act to authorize the Secretary of the
Interior to conduct onshore oil and gas lease sales through Internet-
based live lease sales, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``BLM Live Internet Auctions Act''.
SEC. 2. INTERNET-BASED ONSHORE OIL AND GAS LEASE SALES.
(a) Authorization.--Section 17(b)(1) of the Mineral Leasing Act (30
U.S.C. 226(b)(1)) is amended--
(1) in subparagraph (A), in the third sentence, by
inserting ``, except as provided in subparagraph (C)'' after
``by oral bidding''; and
(2) by adding at the end the following:
``(C) In order to diversify and expand the Nation's onshore leasing
program to ensure the best return to the Federal taxpayer, reduce
fraud, and secure the leasing process, the Secretary may conduct
onshore lease sales through Internet-based bidding methods. Each
individual Internet-based lease sale shall conclude within 7 days.''.
(b) Report.--Not later than 90 days after the tenth Internet-based
lease sale conducted under the amendment made by subsection (a), the
Secretary of the Interior shall analyze the first 10 such lease sales
and report to Congress the findings of the analysis. The report shall
include--
(1) estimates on increases or decreases in such lease
sales, compared to sales conducted by oral bidding, in--
(A) the number of bidders;
(B) the average amount of bid;
(C) the highest amount bid; and
(D) the lowest bid;
(2) an estimate on the total cost or savings to the
Department of the Interior as a result of such sales, compared
to sales conducted by oral bidding; and
(3) an evaluation of the demonstrated or expected
effectiveness of different structures for lease sales which may
provide an opportunity to better maximize bidder participation,
ensure the highest return to the Federal taxpayers, minimize
opportunities for fraud or collusion, and ensure the security
and integrity of the leasing process.
Union Calendar No. 148
113th CONGRESS
1st Session
H. R. 555
[Report No. 113-201]
_______________________________________________________________________
A BILL
To amend the Mineral Leasing Act to authorize the Secretary of the
Interior to conduct onshore oil and gas lease sales through Internet-
based live lease sales, and for other purposes.
_______________________________________________________________________
September 10, 2013
Committed to the Committee of the Whole House on the State of the Union
and ordered to be printed