S. 3133 would direct the Secretary of the Interior to establish an annual production incentive fee with respect to Federal onshore and offshore land that is subject to a lease for production of oil or natural gas under which production is not occurring, to authorize use of the fee for energy efficiency and renewable energy projects.
Detailed Summary
Responsible Ownership of Public Land Act - Directs the Secretary of the Interior to establish an annual production incentive fee for federal onshore and offshore lands 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) solar energy research and development; (2) next-generation wind turbines; (3) weatherization assistance low income housing; (4) new technologies to improve the energy efficiency of and reduce greenhouse gas emissions from buildings; (5) energy storage systems to support electric drive vehicles, stationary applications, and electricity transmission and distribution; (6) advanced vehicles research, development, and demonstration; and (7) low-income home energy assistance
Status of the Legislation
Latest Major Action: 6/12/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Energy and Natural Resources.
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