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H. Rept. 117-631,Part 1 1 (2022-12-14)

handle is hein.congrecreports/crptafac0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION
GP
117TH CONGRESS                                         [REPT. 117-631
2d Session      HOUSE OF REPRESENTATIVES                 Part 1
TRANSPARENCY IN ENERGY PRODUCTION ACT OF 2021
DECEMBER 14, 2022.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. GRIJALVA, from the Committee on Natural Resources,
submitted the following
R E P O R T
together with
DISSENTING VIEWS
[To accompany H.R. 1506]
The Committee on Natural Resources, to whom was referred the
bill (H.R. 1506) to provide for the accurate reporting of fossil fuel
extraction and emissions by entities with leases on public land, and
for other purposes, having considered the same, reports favorably
thereon with an amendment and recommends that the bill as
amended do pass.
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Transparency in Energy Production Act of 2021.
SEC. 2. DISCLOSURE REQUIREMENTS.
(a) REPORT REQUIRED FOR AN ENTITY SEEKING A LEASE.-The Secretary concerned
shall require any entity seeking a lease to develop covered operations on public land
or Indian land to submit to the Secretary concerned a report, at the time of submis-
sion of a bid to develop covered operations. Such report shall-
(1) make the disclosures described in the Sustainable Accounting Standard for
the Extractives and Minerals Processing Sector and the Renewable Resources
and Alternative Energy Sector in effect on the date the report is filed (that is
produced by the Sustainability Accounting Standards Board) for the covered op-
erations developed by the entity and in effect at the date of such bid; and
(2) disaggregate the information in paragraph (1) by State and by type of cov-
ered operation.
(b) REPORT REQUIRED FOR AN ENTITY HOLDING A LEASE.-The Secretary con-
cerned shall require any entity holding a lease to develop covered operations on pub-
lic land or Indian land to submit to the Secretary concerned a report annually. Such
report shall-
39-006

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