S. 5217 · 117th Congress
Use it or Lose it Act of 2022
- Stage
- In committee
- Sponsor
- Bob Menendez
- Introduced
- 2022-12-08
- Latest action
- 2022-12-08 · Introduced in Senate
Summary
Use it or Lose it Act of 2022
This bill requires holders of certain offshore and onshore oil and gas leases to diligently develop their leases. The Department of the Interior may assess an annual fee against a leaseholder who fails to appropriately develop a lease.