US HB3140 | 2015-2016 | 114th Congress

Status

Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on July 21 2015 - 25% progression, died in committee
Action: 2015-08-04 - Referred to the Subcommittee on Energy and Mineral Resources.
Pending: House Subcommittee on Energy and Mineral Resources Committee
Text: Latest bill text (Introduced) [PDF]

Summary

AMPLE Oil and Gas Royalties Act Accounting for Methane in Production through Loophole Elimination with Oil and Gas Royalties This bill amends the Federal Oil and Gas Royalty Management Act of 1982 to require, with respect to federal oil and gas leases, a lessee or its designee of a lease in a unit or communitization agreement that contains only federal leases with the same royalty rate and funds distribution, or a lessee or its designee of a lease that is not contained in a unit or communitization agreement, to report and pay royalties on oil and gas production each month based on the actual volume of oil and gas withdrawn from the reservoir by or on behalf of that lessee, including all oil and gas not sold by or on behalf of that lessee. (Currently, such lessees pay royalties on oil and gas production based on only the actual volume of production sold by or on behalf of that lessee.) "Oil and gas withdrawn from the reservoir" is defined as any oil and gas that is produced, sold, vented, flared, used for beneficial purposes, leaked, or otherwise emitted during production.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

AMPLE Oil and Gas Royalties Act Accounting for Methane in Production through Loophole Elimination with Oil and Gas Royalties

Sponsors


History

DateChamberAction
2015-08-04HouseReferred to the Subcommittee on Energy and Mineral Resources.
2015-07-21HouseReferred to the House Committee on Natural Resources.
2015-07-21HouseIntroduced in House

Subjects


US Congress State Sources


feedback