To amend the Outer Continental Shelf Lands Act to authorize the Secretary of the Interior to conduct offshore oil and gas lease sales through Internet-based live lease sales, and for other purposes.
Innovation in Offshore Leasing Act
(Sec. 2) This bill amends the Outer Continental Shelf Lands Act to authorize the Bureau of Ocean Energy Management (BOEM) to conduct offshore oil and gas lease sales through Internet-based bidding methods.
Before conducting any Internet-based sale, BOEM is required to gather information from each company present for bidding at the 10 most recent oil and gas lease sales conducted under the Outer Continental Shelf Lands Act. The information is designed to provide the bidding public sufficient opportunity to share ideas, methods, and concerns regarding Internet-based leasing.
All Internet-based sales must meet certain requirements and BOEM shall publicly disclose statistical data regarding any sale on the day the sale is executed.
Additionally, BOEM must conduct at least one Internet-based lease sale in the Gulf of Mexico Outer Continental Shelf Region within 18 months.
BOEM must also provide a report to Congress within 90 days after it conducts a third Internet-based lease sale.
Introduced in House
Introduced in House
Referred to the House Committee on Natural Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
Subcommittee Hearings Held.
Subcommittee on Energy and Mineral Resources Discharged.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Unanimous Consent.
Reported (Amended) by the Committee on Natural Resources. H. Rept. 114-713.
Reported (Amended) by the Committee on Natural Resources. H. Rept. 114-713.
Placed on the Union Calendar, Calendar No. 552.
Mr. Thompson (PA) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H5069-5070)
DEBATE - The House proceeded with forty minutes of debate on H.R. 5577.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5069-5070)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5069-5070)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
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