To direct the Secretary of the Interior to compensate States for lost revenue for any year during which Federal oil and gas leasing of Federal land within a State does not occur or otherwise results in lost revenue to that State as a result of an order, moratorium, pause, or other action by the President, Secretary of the Interior, Secretary of Agriculture, or other designated official.
Payment In Lieu of Lost Revenues Act or the PILLR Act
This bill requires the Department of the Interior to compensate, using federal mineral royalties, states for lost revenue derived from oil and gas production that is caused by a moratorium or similar action to prevent oil and gas leasing on federal land.
Introduced in House
Introduced in House
Referred to the House Committee on Natural Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
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