American Energy Independence and Price Reduction Act

Summary

American Energy Independence and Price Reduction Act Directs the Secretary of the Interior to implement a competitive leasing program for the exploration, development, and production of the oil and gas resources on the Coastal Plain of Alaska. Permits lease sales to be conducted through an Internet leasing program if such a system will result in savings to the taxpayer, an increase in the number of bidders participating, and higher returns than oral bidding or a sealed bidding system. Amends the Alaska National Interest Lands Conservation Act of 1980 to repeal the prohibition against leasing or other development leading to production of oil and gas from the Arctic National Wildlife Refuge (ANWR). Deems any oil and gas leasing programs and activities authorized by this Act to be in compliance with ANWR purposes. Authorizes the Secretary to designate up to 45,000 acres of the Coastal Plain as a Special Area, after consultation with the state of Alaska, the city of Kaktovik, and the North Slope Borough. Permits directional drilling in the Special Area. Prescribes procedures governing Coastal Plain lease sales, as well as terms and conditions, including: (1) environmental protection; (2) federal and state distribution of revenues; and (3) rights-of-way. Sets forth: (1) a "no significant adverse effect" standard to govern Coastal Plain activities; and (2) guidelines for expedited judicial review of complaints. Establishes the ANWR Alternative Energy Trust Fund, into which shall be deposited 50% of the amount of bonus, rental, and royalty revenues from Federal oil and gas leasing and operations authorized under this Act.

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Timeline

1. 13 January 2015

   Introduced

   Referred to the Committee on Natural Resources, and in addition to the Committees on Energy and Commerce, and Science, Space, and Technology, 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.

   Source: IntroReferral

2. 13 January 2015

   Introduced

   Referred to the Committee on Natural Resources, and in addition to the Committees on Energy and Commerce, and Science, Space, and Technology, 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.

   Source: IntroReferral

3. 13 January 2015

   Introduced

   Introduced in House

   Source: IntroReferral

4. 13 January 2015

   Introduced

   Introduced in House

   Source: IntroReferral

5. 16 January 2015

   Referred

   Referred to the Subcommittee on Energy and Power.

   Source: Committee

6. 19 February 2015

   Referred

   Referred to the Subcommittee on Energy.

   Source: Committee

7. 2 March 2015

   Referred

   Referred to the Subcommittee on Energy and Mineral Resources.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 13 January 2015 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 January 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 13 January 2015

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 13 January 2015

  Open at official source

Sponsors

• DON YOUNG · R · Sponsor
• Brett Guthrie · R · Cosponsor
• Austin Scott · R · Cosponsor
• Mike Rogers · R · Cosponsor
• Tom Cole · R · Cosponsor
• Pete Sessions · R · Cosponsor
• David McKinley · R · Cosponsor
• Paul Cook · R · Cosponsor
• DANA ROHRABACHER · R · Cosponsor
• · hsii00 · Standing
• · hssy00 · Standing
• · hsif00 · Standing

Related records

• related to → American Energy Independence and Job Creation Act
• related to ← Authorizing Alaska Production Act
• related to ← American Energy Renaissance Act of 2015
• related to ← American Energy Renaissance Act of 2015