LASSO Act

The LASSO Act directs 10% of annual revenue collected from public lands managed by the Department of the Interior (including offshore areas) and the Forest Service to be deposited into the Social Security Old-Age and Survivors Trust Fund. This policy change affects the federal Social Security program by adding a new revenue stream, while ensuring no fee increases for public land activities and preserving existing revenue shares for states, tribes, and local governments. The bill’s key mechanism is a mandatory annual transfer of existing land-use revenue, with explicit safeguards preventing fee hikes or reductions to state/local funding. It does not alter current land management practices or create new taxes.