Royalty Resiliency Act

The Royalty Resiliency Act (HR 7377) requires the federal government to make decisions on how oil and gas royalties are allocated among shared production leases within 120 days of a request. Until a decision is issued, companies must pay royalties based on their proposed allocation, and the government will waive interest on underpayments if payments are made on time. This applies to most federal oil and gas leases but excludes agreements involving tribal lands. The law aims to reduce delays and financial uncertainty for oil and gas companies operating on federal land.