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H.R. 6256, The Responsible Ownership of Public Lands Act

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on July 3, 2008, 19:31:46, by webmaster:

H.R. 6256 would direct the Secretary of the Interior to establish an annual production incentive fee with respect to Federal onshore and offshore lands that are subject to a lease for production of oil or natural gas under which production is not occurring, to authorize use of amounts received as such fee for energy efficiency and renewable energy projects.

Detailed Summary

Responsible Ownership of Public Lands Act - Directs the Secretary of the Interior to establish an annual production incentive fee applicable to federal onshore and offshore lands that are subject to a lease for production of oil or natural gas under which production is not occurring.

Prescribes the fee amount for each acre of land from which oil or natural gas is produced for less than 90 days in a calendar year.

Establishes the Energy Efficiency and Renewable Energy Fund to serve as depository for fees received under this Act.

Enumerates energy programs to be funded with such fees, including: (1) low-income home energy assistance; (2) advanced vehicles research, development, and demonstration; (3) energy storage systems to support electric drive vehicles, stationary applications, and electricity transmission and distribution; (4) next-generation wind turbines; (5) weatherization assistance low income housing; and (6) wind and solar energy research and development.

Status of the Legislation

Latest Major Action: 7/1/2008: Referred to House subcommittee. Status: Referred to the Subcommittee on Energy and Environment.

Points in Favor

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Points Against

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