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March 10, 2021 6:11 AM By Kellie Lunney and Zachary Sherwood
A bipartisan pair of senators are unveiling legislation today that would make companies pay more for oil and gas leases on federal lands, a day after the Biden administration began a comprehensive study of whether and how the U.S. sells those rights, Kellie Lunney reports.
Sens. Jacky Rosen (D-Nev.) and Chuck Grassley (R-Iowa) are releasing the âFair Returns for Public Lands Act,â which would increase fees that oil and gas companies pay to lease onshore, including raising the royalty rate to 18.75% from the current 12.5% rate. The bill, which is companion legislation to a Democratic House bill, also would increase the rental rate for such leases and the national minimum bid per acre.
Fleischmann Named To House Committees, Subcommittees Tuesday, February 2, 2021
Rep. Chuck Fleischmann has been selected to serve on the House Appropriations Labor, Health and Human Services, Education, and Related Agencies Subcommittee, the Energy and Water Development, and Related Agencies Subcommittee, and the Homeland Security Subcommittee, which he leads as the top Republican.
He said, “I am grateful that my colleagues have selected me to serve on a third House Appropriations Subcommittee for this Congress. I have been able to secure critical funding for East Tennessee priorities in my roles on the Energy and Water Development Subcommittee and the Homeland Security Subcommittee. I am honored to be chosen to serve on the House Appropriations Labor, Health and Human Services, Education, and Related Agencies Subcommittee in addition to my other subcommittee assignments for this Congress.