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SB1030Introduced in the Senate

Stop Giving Big Oil Free Money Act

IntroducedSenate Energy And Natural Resources

Introduced by Edward Markey, District MA

What does this bill do?

Plain-English breakdown

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Official description

A bill to prohibit the Secretary of the Interior from issuing new oil or natural gas production leases in the Gulf of Mexico under the Outer Continental Shelf Lands Act to a person that does not renegotiate its existing leases in order to require royalty payments if oil and natural gas prices are greater than or equal to specified price thresholds, and for other purposes.

Where it stands

Read twice and referred to the Committee on Energy and Natural Resources.

March 13, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Read twice and referred to the Committee on Energy and Natural Resources.

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