Latest Action
Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118.
5/19/2015 • Senate
Summary
United States Exploration on Idle Tracts Act or the USE IT Act
This bill directs the Department of the Interior to issue regulations to establish a specified graduated annual production incentive fee with respect to federal onshore and offshore lands subject to a lease for production of oil or natural gas under which production is not occurring.
Amounts received for the fee shall be reserved for expenditures on inspection, enforcement, and permitting relating to oil and gas.
Introduced in Senate • 5/11/2015
Topics & Subjects
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Bill Journey
Originated in the Senate
Introduced
May 11, 2015
Committee Review
May 19, 2015
Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law