S.4223 - Leasing Market Efficiency Act116th Congress (2019-2020)
|Sponsor:||Sen. Tester, Jon [D-MT] (Introduced 07/20/2020)|
|Committees:||Senate - Energy and Natural Resources|
|Latest Action:||Senate - 07/20/2020 Read twice and referred to the Committee on Energy and Natural Resources. (All Actions)|
This bill has the status Introduced
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Summary: S.4223 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (07/20/2020)
Leasing Market Efficiency Act
This bill requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process.
The BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.