BLM Live Internet Auctions Act - Amends the Mineral Leasing Act to authorize the Secretary of the Interior to conduct onshore oil and gas lease sales through Internet-based live bidding methods.
Requires each individual Internet-based lease sale to conclude within seven days.
Directs the Secretary to analyze the first 10 such lease sales, including estimates of: (1) increases or decreases in such lease sales, compared to sales conducted by oral bidding; and (2) the total cost or savings to the Department of the Interior as a result of such sales, compared to sales conducted by oral bidding.
Requires the report to evaluate the demonstrated or expected effectiveness of different structures for lease sales which may provide an opportunity to better maximize bidder participation, ensure the highest return to the federal taxpayers, minimize opportunities for fraud or collusion, and ensure the security and integrity of the leasing process.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2013-09-10 | Calendars | Placed on the Union Calendar, Calendar No. 148. | House floor actions |
| 2013-09-10 | Committee | Reported by the Committee on Natural Resources. H. Rept. 113-201. | House floor actions |
| 2013-07-24 | Committee | Ordered to be Reported by Unanimous Consent. | House committee actions |
| 2013-07-24 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2013-07-24 | Committee | Subcommittee on Energy and Mineral Resources Discharged. | House committee actions |
| 2013-05-22 | Committee | Subcommittee Hearings Held. | House committee actions |
| 2013-02-21 | Committee | Referred to the Subcommittee on Energy and Mineral Resources. | House committee actions |
| 2013-02-06 | IntroReferral | Referred to the House Committee on Natural Resources. | House floor actions |
| 2013-02-06 | IntroReferral | Introduced in House | Library of Congress |