HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.congrecreports/crptxafad0001 and id is 1 raw text is: AUTHENTICATED
U.GOVERNMENT
INFORMATION .
117TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 117-632
ENDING TAXPAYER WELFARE FOR OIL AND GAS
COMPANIES 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. 1517]
The Committee on Natural Resources, to whom was referred the
bill (H.R. 1517) to amend the Mineral Leasing Act to make certain
adjustments to the fiscal terms for fossil fuel development and to
make other reforms to improve returns to taxpayers for the devel-
opment of Federal energy resources, 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 Ending Taxpayer Welfare for Oil and Gas Compa-
nies Act of 2021.
SEC. 2. TABLE OF CONTENTS.
The table of contents for this Act is the following:
Sec. 1. Short title.
Sec. 2. Table of contents.
Sec. 3. Onshore fossil fuel royalty rates.
Sec. 4. Minimum bid amount.
Sec. 5. Onshore oil and gas rental rates.
Sec. 6. Inspection fee.
Sec. 7. Penalties.
Sec. 8. Royalty relief.
Sec. 9. Royalty in kind.
Sec. 10. Amendments to definitions.
Sec. 11. Compliance reviews.
Sec. 12. Liability for royalty payments.
Sec. 13. Recordkeeping.
Sec. 14. Adjustments and refunds.
Sec. 15. Obligation period.
39-006](ViewImageLocal?handle=hein.congrecreports/crptxafad0001&div=1&collection=&method=preview&ext=.png&size=3)