United States · Bill · S
S. 2906 (116th)
Stop Giving Big Oil Free Money Act
Introduced
20 November 2019
Last action
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Status
Read twice and referred to the Committee on Energy and Natural Resources.
Sponsors
—
Subjects
Discovery layer
Source updated
24 March 2026
Summary
Stop Giving Big Oil Free Money Act This bill prohibits the Department of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico to any person who does not renegotiate certain existing leases to require royalty payments if the price of oil and natural gas is greater than or equal to specified price thresholds. Interior must also, upon request, agree to amend any lease issued for any Central and Western Gulf of Mexico tract during the period of January 1, 1996, through November 28, 2000, to incorporate specified price thresholds.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 20 November 2019
Introduced in Senate (PDF)
Introduced in Senate · EN · 20 November 2019
Introduced in Senate
summary · EN · 20 November 2019
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/2906
- Open data entity: https://api.congress.gov/v3/bill/116/s/2906