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United States · Bill · S

S. 2906 (116th)

Stop Giving Big Oil Free Money Act

referredUnited States· United States Congress· EN

Introduced

20 November 2019

Last action

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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Documents

3 official files

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