Expression of Interest Sensibility Act

Key Points

• This bill changes how the government charges fees when someone signals interest in leasing federal land for oil or gas.
• If the land is offered at a lease sale and nobody bids, the government would charge the fee to the person who first filed the expression of interest.
• If the land gets a winning bid, the government would charge the expression-of-interest fee to the winning bidder instead.
• An expression of interest would stay active for at least 5 years unless the land is offered at a lease sale.
• For most people, impacts are indirect: it could change who pays upfront costs tied to oil and gas leasing on federal lands.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.