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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6530 Introduced in House (IH)]
<DOC>
118th CONGRESS
1st Session
H. R. 6530
To amend the Energy Act of 2020 to provide for energy parity, and for
other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
November 30, 2023
Mr. Lamborn (for himself and Mr. Newhouse) introduced the following
bill; which was referred to the Committee on Natural Resources, and in
addition to the Committee on Agriculture, for a period to be
subsequently determined by the Speaker, in each case for consideration
of such provisions as fall within the jurisdiction of the committee
concerned
_______________________________________________________________________
A BILL
To amend the Energy Act of 2020 to provide for energy parity, and for
other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Energy Parity Act''.
SEC. 2. PARITY IN REDUCTIONS IN ROYALTY RATES AND CAPACITY FEES.
(a) Definitions.--Section 3101 of the Energy Act of 2020 (43 U.S.C.
3001) is amended--
(1) in paragraph (1)(B), by inserting ``, or the production
of oil or natural gas,'' after ``wind energy''; and
(2) in paragraph (4)--
(A) strike ``that'' and insert ``that--''; and
(B) strike ``uses wind, solar, or geothermal energy
to generate energy.'' and insert the following:
``(A) uses wind, solar, or geothermal energy to
generate energy; or
``(B) produces oil or natural gas.''.
(b) Increasing Economic Certainty.--Section 3103 of the Energy Act
of 2020 (43 U.S.C. 3003) is amended--
(1) in subsection (a)--
(A) by inserting ``royalty rates,'' after
``capacity fees,''; and
(B) by striking ``wind and solar'' and inserting
``oil, natural gas, wind, and solar'';
(2) in subsection (b)--
(A) by striking ``and capacity fees, or both,'' and
inserting ``, capacity fees, and royalty rates'';
(B) by striking ``wind and solar'' and inserting
``oil, natural gas, wind, and solar''; and
(C) in paragraph (2)--
(i) by striking ``or capacity fee'' and
inserting ``, capacity fee, or royalty rate'';
and
(ii) by striking ``wind and solar'' and
inserting ``oil, natural gas, wind, and
solar''; and
(3) by adding at the end the following:
``(c) Parity in Reductions in Royalty Rates and Capacity Fees.--If
the Secretary reduces capacity fees for wind and solar authorizations
pursuant to this section, the Secretary shall reduce royalty rates for
oil and natural gas authorizations by the percentage that is equal to
the percentage of the reduction in capacity fees.''.
SEC. 3. PROPOSED RULE ON RIGHTS-OF-WAY, LEASING, AND OPERATIONS FOR
RENEWABLE ENERGY.
Not later than 120 days after the date of enactment of this Act,
the Bureau of Land Management shall reissue the proposed rule titled
``Rights-of-Way, Leasing, and Operations for Renewable Energy'' and
published June 16, 2023 (88 Fed. Reg. 39726), to carry out the
amendments made by section 2.
SEC. 4. RATES UNDER THE MINERAL LEASING ACT.
(a) Onshore Oil and Gas Royalty Rates.--
(1) Lease of oil and gas land.--Section 17 of the Mineral
Leasing Act (30 U.S.C. 226) is amended--
(A) in subsection (b)(1)(A)--
(i) by striking ``not less than 16\2/3\''
and inserting ``not less than 12.5''; and
(ii) by striking ``or, in the case of a
lease issued during the 10-year period
beginning on the date of enactment of the Act
titled `An Act to provide for reconciliation
pursuant to title II of S. Con. Res. 14', 16\2/
3\ percent in amount or value of the production
removed or sold from the lease''; and
(B) by striking ``16\2/3\ percent'' each place it
appears and inserting ``12.5 percent''.
(2) Conditions for reinstatement.--Section 31(e)(3) of the
Mineral Leasing Act (30 U.S.C. 188(e)(3)) is amended by
striking ``20'' inserting ``16\2/3\''.
(b) Oil and Gas Minimum Bid.--Section 17(b) of the Mineral Leasing
Act (30 U.S.C. 226(b)) is amended--
(1) in paragraph (1)(B), by striking ``$10 per acre during
the 10-year period beginning on the date of enactment of the
Act titled `An Act to provide for reconciliation pursuant to
title II of S. Con. Res. 14'.'' and inserting ``$2 per acre for
a period of 2 years from the date of the enactment of the
Federal Onshore Oil and Gas Leasing Reform Act of 1987.''; and
(2) in paragraph (2)(C), by striking ``$10 per acre'' and
inserting ``$2 per acre''.
(c) Fossil Fuel Rental Rates.--Section 17(d) of the Mineral Leasing
Act (30 U.S.C. 226(d)) is amended to read as follows:
``(d) All leases issued under this section, as amended by the
Federal Onshore Oil and Gas Leasing Reform Act of 1987, shall be
conditioned upon payment by the lessee of a rental of not less than
$1.50 per acre per year for the first through fifth years of the lease
and not less than $2 per acre per year for each year thereafter. A
minimum royalty in lieu of rental of not less than the rental which
otherwise would be required for that lease year shall be payable at the
expiration of each lease year beginning on or after a discovery of oil
or gas in paying quantities on the lands leased.''.
<all>
Introduced in House
Introduced in House
Referred to the Committee on Natural Resources, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Natural Resources, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Forestry.
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