LASSO Act

Summary

Land And Social Security Optimization Act or the LASSO Act This bill requires 10% of revenue generated by public lands, including submerged lands on the Outer Continental Shelf, under the jurisdiction of the Department of the Interior and the Forest Service to be deposited into the Federal Old-Age and Survivors Insurance Trust Fund, which is used to pay Social Security benefits to retirees and their families and to survivors of deceased workers.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 January 2025

   Introduced

   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.

   Source: IntroReferral

2. 3 January 2025

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 January 2025

   Introduced

   Introduced in House

   Source: IntroReferral

4. 31 January 2025

   Referred

   Referred to the Subcommittee on Forestry and Horticulture.

   Source: Committee

5. 3 February 2026

   Referred

   Referred to the Subcommittee on Federal Lands.

   Source: Committee

6. 10 February 2026

   Committee

   Subcommittee Hearings Held

   Source: Committee

Votes

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Versions

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Documents

2 official files

• Introduced in House

  Introduced in House · EN · 3 January 2025

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 3 January 2025

  Open at official source

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Sponsors

• Rep. Gosar, Paul A. [R-AZ-9] · R · Sponsor
• Rep. Donalds, Byron [R-FL-19] · R · Cosponsor
• Rep. Norman, Ralph [R-SC-5] · R · Cosponsor
• Rep. Hamadeh, Abraham J. [R-AZ-8] · R · Cosponsor
• Rep. Davidson, Warren [R-OH-8] · R · Cosponsor
• Rep. Nehls, Troy E. [R-TX-22] · R · Cosponsor
• Rep. Owens, Burgess [R-UT-4] · R · Cosponsor
• Rep. Crane, Elijah [R-AZ-2] · R · Cosponsor
• Rep. Stutzman, Marlin A. [R-IN-3] · R · Cosponsor
• Rep. Boebert, Lauren [R-CO-4] · R · Cosponsor
• Rep. Harris, Andy [R-MD-1] · R · Cosponsor
• Rep. Wied, Tony [R-WI-8] · R · Cosponsor
• Rep. Van Orden, Derrick [R-WI-3] · R · Cosponsor
• Rep. Fulcher, Russ [R-ID-1] · R · Cosponsor
• Rep. Babin, Brian [R-TX-36] · R · Cosponsor
• Rep. Begich, Nicholas J. [R-AK-At Large] · R · Cosponsor
• Rep. Perry, Scott [R-PA-10] · R · Cosponsor
• · hsii00 · Standing
• · hsag00 · Standing

Related records

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