What does Preamble of HR 1194 do?

This bill, formally titled 'To amend the Outer Continental Shelf Lands Act and the Mineral Leasing Act to require reports on rejected bids, to clarify timelines for the issuance of leases, and for other purposes,' aims to modify the Outer Continental Shelf Lands Act and the Mineral Leasing Act. The bill intends to require reports on rejected bids. It also seeks to clarify timelines for the issuance of leases.

What does SHORT TITLE. of HR 1194 do?

This bill is formally titled the Federal Lands and Waters Leasing Transparency Act.

What does REPORT ON THE DETERMINATION OF THE FAIR MARKET VALUE OF of HR 1194 do?

This section amends Section 18 of the Outer Continental Shelf Lands Act. If the Secretary determines that the Federal Government will not receive the fair market value from a bid, the Secretary must provide a report to the bidder explaining the determination. If the bid was a qualified bid that underwent resource and economic evaluation, the report must include information relating to the Mean Range of Values, Delay-adjusted Mean Range of Values, Adjusted Delayed Value, and Revised Arithmetic Average Measure. A 'covered lease tract' is defined as a tract for which a lease sale was held, at least one bid was received, and a lease was not issued to the highest responsible qualified bidder.

What does EFFECT OF COURT ORDERS ON DEADLINE TO ISSUE ONSHORE OIL AND GAS of HR 1194 do?

This section amends Section 17(b)(1)(A) of the Mineral Leasing Act. The amendment specifies that a court order cannot prevent the Secretary from issuing an onshore oil and gas lease within a 60-day deadline. An exception exists if a court finds that issuing the lease would violate a requirement of federal law.

What does CIVIL ACTIONS CHALLENGING OFFSHORE LEASE SALES. of HR 1194 do?

This section limits civil actions challenging offshore oil and gas lease sales conducted under the Outer Continental Shelf Lands Act. Such actions cannot affect the validity of leases issued or delay processing of exploration and development plans, permits, or other authorizations. If a court finds noncompliance with federal law during a lease sale, it must remand the matter to the Secretary of the Interior for correction. The court cannot set aside, vacate, or enjoin the lease sale or issued leases, nor enjoin the Secretary from issuing leases. The Secretary of the Interior must continue processing applications for authorizations and approvals for activities under the leases.

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Federal Lands and Waters Leasing Transparency Act — HR. 1194

Last updated: 2/11/2025 · Introduced: 2/11/2025

Author: Clay Higgins (R-LA)

TL;DR (AI)

This bill requires the Secretary of the Interior to provide reports to bidders when bids for oil and gas leases are rejected due to concerns about fair market value, including specific economic data if the bid was previously evaluated.
The bill clarifies that court orders generally cannot prevent the Secretary from issuing onshore oil and gas leases within a 60-day deadline, unless the lease issuance would violate federal law.
This bill limits legal challenges to offshore oil and gas lease sales by preventing courts from invalidating leases or delaying related approvals, and instead requiring remand for correction if violations of federal law are found.

119th Congressin committeeOfficial page

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Includes provisions on preamble, short title., and 3 more.

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