United States Exploration on Idle Tracts Act or the USE IT Act
This bill directs the Department of the Interior to issue regulations to establish a specified graduated annual production incentive fee with respect to federal onshore and offshore lands subject to a lease for production of oil or natural gas under which production is not occurring.
Amounts received for the fee shall be reserved for expenditures on inspection, enforcement, and permitting relating to oil and gas.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2015-05-19 | Committee | Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118. | Senate |
| 2015-05-11 | IntroReferral | Read twice and referred to the Committee on Energy and Natural Resources. | Senate |
| 2015-05-11 | IntroReferral | Introduced in Senate | Library of Congress |
| 2015-05-11 | IntroReferral | Introduced in Senate | Library of Congress |