S. 4733 · 117th Congress

Use it or Lose It Act

Stage
In committee
Introduced
2022-08-02
Latest action
2022-08-02 · Introduced in Senate

Summary

Use it or Lose It Act

This bill modifies requirements for certain oil and gas leases and related drilling permits. For example, it requires prospective leaseholders to, as a condition of participating in certain oil and gas lease sales, certify that they have diligently developed any prior leases and relinquished any undeveloped leases.