House Bill 4346
116th Congress(2019-2020)
Bonding Reform and Taxpayer Protection Act of 2019
Introduced
Introduced in House on Sep 17, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4346
Congress
116
Policy Area
Energy
Energy
Primary focus of measure is all sources and supplies of energy, including alternative energy sources, oil and gas, coal, nuclear power; efficiency and conservation; costs, prices, and revenues; electric power transmission; public utility matters.
No House votes have been held for this bill.
Summary
Bonding Reform and Taxpayer Protection Act of 2019
This bill revises bonding requirements for oil and gas development.
Specifically, the bill increases the amount of bond that oil and gas developers must provide prior to conducting surface-disturbing activities and requires such amounts to adjust every three years for inflation.
The bill also requires the Department of the Interior and the Department of Agriculture to establish uniform standards for all interim and final reclamation plans and not release any bond amounts until the standards have been met by oil and gas developers.
September 17, 2019
09/24/2019
Subcommittee Hearings Held.
09/17/2019
Referred to the Subcommittee on Energy and Mineral Resources.
09/17/2019
Referred to the House Committee on Natural Resources.
09/17/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:50:00 PM