ABSTRACT

Congressional Budget Office Cost Estimate: H.R. 1505, Bonding Reform and Taxpayer Protection Act of 2021   [open pdf - 272KB]

This is the Congressional Budget Office (CBO) Cost Estimate as ordered reported by the House Committee on Natural Resources on May 5, 2021. From the Document: "H.R. 1505 would establish fees for well inspections on onshore federal and tribal land, along with civil penalties for failure to pay those fees. The bill also would levy new fees for oil and gas produced on onshore federal land. Under H.R. 1505, the U.S. Fish and Wildlife Service (USFWS) would be permitted to retain and spend, without further appropriation, bonds forfeited from mineral activities on National Wildlife Refuge System (NWRS) land. Finally, the bill would increase the minimum bond amounts required under the Mineral Leasing Act."

Publisher:
Date:
2021-09-27
Copyright:
Public Domain
Retrieved From:
Congressional Budget Office: http://www.cbo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations