Bonding Reform and Taxpayer Protection Act of 2019

Summary

Bonding Reform and Taxpayer Protection Act of 2019 This bill revises bonding requirements for oil and gas development. Specifically, the bill increases the amount of bond that oil and gas developers must provide prior to conducting surface-disturbing activities and requires such amounts to adjust every three years for inflation. The bill also requires the Department of the Interior and the Department of Agriculture to establish uniform standards for all interim and final reclamation plans and not release any bond amounts until the standards have been met by oil and gas developers.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 17 September 2019

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• Introduced in House (PDF)

  Introduced in House · EN · 17 September 2019

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• Introduced in House

  summary · EN · 17 September 2019

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