FREE Act

Summary

Furthering Renewable Energy and Exploration Act or the FREE Act - Directs the Secretary of the Interior to commence promptly an oil and gas leasing program for public lands within the Coastal Plain of Alaska. Establishes in the Treasury the Energy Independence Trust Fund, into which shall be deposited: (1) rental payments and royalties received by the United States each fiscal year under leases issued under such program; and (2) federal income tax received by the United States each fiscal year attributable to sales of oil and gas produced under such leases. Requires payment of the amounts deposited into the Fund each fiscal year of: (1) 50% to the state of Alaska; and (2) the remainder to the Secretary of Agriculture, half to provide business and industry loan guarantees under the Consolidated Farm and Rural Development Act, and half for the Biomass Research and Development Initiative under the Farm Security and Rural Investment Act of 2002, in the succeeding fiscal year.

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

Timeline

1. 31 July 2008

   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. 31 July 2008

   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

3. 31 July 2008

   Introduced

   Introduced in House

   Source: IntroReferral

4. 31 July 2008

   Introduced

   Introduced in House

   Source: IntroReferral

5. 4 August 2008

   Referred

   Referred to the Subcommittee on Energy and Mineral Resources.

   Source: Committee

6. 19 November 2008

   Referred

   Referred to the Subcommittee on Specialty Crops, Rural Development, and Foreign Agriculture.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 31 July 2008 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 31 July 2008

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 31 July 2008

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 31 July 2008

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  Vertaal document

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Sponsors

• Rep. Rogers, Mike D. [R-AL-3] · R · Sponsor
• Rep. Bonner, Jo [R-AL-1] · R · Sponsor
• Rep. Everett, Terry [R-AL-2] · R · Sponsor
• Rep. Aderholt, Robert B. [R-AL-4] · R · Sponsor
• Rep. Bachus, Spencer [R-AL-6] · R · Sponsor
• Rep. Marshall, Jim [D-GA-8] · D · Sponsor
• Rep. Hayes, Robin [R-NC-8] · R · Sponsor
• Rep. Knollenberg, Joe [R-MI-9] · R · Sponsor
• Rep. Wamp, Zach [R-TN-3] · R · Sponsor
• Rep. Westmoreland, Lynn A. [R-GA-3] · R · Sponsor
• Rep. Schmidt, Jean [R-OH-2] · R · Sponsor
• Rep. McCrery, Jim [R-LA-4] · R · Sponsor
• Rep. Rehberg, Denny [R-MT-At Large] · R · Sponsor
• Rep. Alexander, Rodney [R-LA-5] · R · Sponsor
• Rep. Shadegg, John B. [R-AZ-3] · R · Sponsor
• Rep. Boustany, Charles W., Jr. [R-LA-3] · R · Sponsor
• Rep. Price, Tom [R-GA-6] · R · Sponsor
• Rep. Bishop, Rob [R-UT-1] · R · Sponsor
• Rep. Pearce, Stevan [R-NM-2] · R · Sponsor
• Rep. Deal, Nathan [R-GA-9] · R · Sponsor
• Rep. Broun, Paul C. [R-GA-10] · R · Sponsor
• Rep. Conaway, K. Michael [R-TX-11] · R · Sponsor
• Rep. Musgrave, Marilyn N. [R-CO-4] · R · Sponsor
• Rep. Goode, Virgil H., Jr. [R-VA-5] · R · Sponsor
• Rep. Nunes, Devin [R-CA-22] · R · Sponsor
• Rep. Turner, Michael R. [R-OH-10] · R · Sponsor
• Rep. Radanovich, George [R-CA-19] · R · Sponsor
• Rep. Dent, Charles W. [R-PA-15] · R · Sponsor
• Rep. Diaz-Balart, Mario [R-FL-26] · R · Sponsor
• Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5] · D · Cosponsor
• Rep. Davis, Artur [D-AL-7] · D · Cosponsor
• · hsag00 · Standing
• · hsii00 · Standing

Related records

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