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United States · Bill · S

S. 2962 (117th)

COMPETES Act

referredUnited States· United States Congress· EN

Introduced

7 October 2021

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

Competitive Onshore Mineral Policy via Eliminating Taxpayer-Enabled Speculation Act or the COMPETES Act This bill revises the process of leasing public land for oil and gas development. For example, it requires the Bureau of Land Management (BLM) to issue all onshore oil and gas leasing through a competitive bidding process. Further, the BLM must ensure the receipt by the United States of fair market value for any land or resources leased and any rights covered by the United States.

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Documents

3 official files

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