Congress   114
     
Bill #   S1310
     
Sponsor   Sen. Markey, Edward J. [D-MA]
     
Title   Deficit Reduction Through Fair Oil Royalties Act
     
Date Introduced 5/12/2015
   
Policy Issue Oil Production and Spill Response
   
Description Summary A bill to prohibit the Secretary of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to a person that does not renegotiate its existing leases in order to require royalty payments if oil and natural gas prices are greater than or equal to specified price thresholds, and for other purposes.
   
Related Bills
   
Date of Action 5/12/2015
   
Latest Action Introduced and referred to the Senate Committee on Energy and Natural Resources.
   

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