COMPETES Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2021
Committee Review
Floor Vote
President
Introduced Oct 7, 2021
Last action Oct 7, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Oct 7, 2021
Committee
Read twice and referred to the Committee on Energy and Natural Resources.
upper
Oct 7, 2021
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John W. Hickenlooper
DDemocratic
Co
Jacky Rosen
DDemocratic
Co
Martin Heinrich
DDemocratic
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