Royalty Resiliency Act
Latest action · Sep 20, 2024 Became Public Law No: 118-81.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 15, 2024
- Passed HouseJul 22, 2024
- Passed SenateSep 11, 2024
- To the PresidentSep 18, 2024
- Became lawSep 20, 2024Public Law 118-81
Summary
Royalty Resiliency Act
This act modifies the process under which oil and gas leaseholders who have entered into certain joint drilling agreements (i.e., a communitization agreement or a unit agreement, except agreements containing Indian lands) to drill wells on leased land pay royalties to the Department of the Interior under the Federal Oil and Gas Royalty Management Act of 1982.
Under current law, Interior must issue a determination of allocations of royalty payments for oil and gas production under a joint agreement within 120 days of a request for determination. Generally, the first leaseholder to drill must pay any royalties due to Interior for all oil and gas production on the land subject to the agreement until Interior determines the royalty allocations of each leaseholder. If Interior fails to issue the determination by that deadline, then it must waive interest due on royalty obligations until the end of the month following the month in which the determination was made.
Under the act, a leaseholder must pay royalties on oil and gas production based on the lessee's proposed allocation of production under the joint agreement until Interior issues a determination of royalty allocations. After Interior issues the determination, then the lessee must correct, if necessary, the amount of royalties paid by the end of the third month following the month in which the lessee received the determination from Interior. Subject to the full and timely payment of monthly royalties in accordance with the agreement, Interior must waive interest due on royalty obligations until the end of the third month.
Cosponsors 6
Members who signed on, in the order they did. Signatures ran from Feb 15, 2024 to Apr 15, 2024; 3 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Brian Babin | Original | Feb 15, 2024 |
| R-TX | Randy K. Weber, Sr. | Original | Feb 15, 2024 |
| R-TX | Troy E. Nehls | Original | Feb 15, 2024 |
| R-WY | Harriet M. Hageman | Feb 28, 2024 | |
| R-TX | Keith Self | Mar 5, 2024 | |
| R-LA | Garret Graves | Apr 15, 2024 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Natural Resources Committee | Referred Feb 15, 2024Discharged Apr 16, 2024Markup Apr 16, 2024Reported Jun 27, 2024 |
| Energy and Mineral Resources Subcommittee | Referred Mar 4, 2024Hearings Mar 6, 2024 |
Actions 20
Everything that happened, newest first.
- Sep 20, 2024Signed by President.
- Sep 20, 2024Became Public Law No: 118-81.
- Sep 18, 2024Presented to President.
- Sep 12, 2024Message on Senate action sent to the House.
- Sep 11, 2024Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S6003)
- Jul 23, 2024Received in the Senate, read twice.
- Jul 22, 2024Mr. Westerman moved to suspend the rules and pass the bill, as amended.
- Jul 22, 2024Considered under suspension of the rules. (consideration: CR H4650-4651)
- Jul 22, 2024DEBATE - The House proceeded with forty minutes of debate on H.R. 7377.
- Jul 22, 2024Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4650)
- Jul 22, 2024Motion to reconsider laid on the table Agreed to without objection.
- Jun 27, 2024Reported (Amended) by the Committee on Natural Resources. H. Rept. 118-562.
- Jun 27, 2024Placed on the Union Calendar, Calendar No. 464.
- Apr 16, 2024Subcommittee on Energy and Mineral Resources Discharged
- Apr 16, 2024Committee Consideration and Mark-up Session Held
- Apr 16, 2024Ordered to be Reported (Amended) by Unanimous Consent.
- Mar 6, 2024Subcommittee Hearings Held
- Mar 4, 2024Referred to the Subcommittee on Energy and Mineral Resources.
- Feb 15, 2024Introduced in House
- Feb 15, 2024Referred to the House Committee on Natural Resources.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S6003 | Sheldon Whitehouse D-RI | Sep 11, 2024 |
| House | Debate and remarks H4650, H4651Text printed H4650 | Bruce Westerman R-AR, Teresa Leger Fernandez D-NM, Wesley Hunt R-TX | Jul 22, 2024 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Jun 4, 2024H.R. 7377, Royalty Resiliency ActAs ordered reported by the House Committee on Natural Resources on April 16, 2024
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 170, no. 30, February 15, 2024, page H680.
Printed hearings 3
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
CRS reports 5
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 5
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R47114 | Oversight of Gain-of-Function Research with Pathogens: Issues for Congress | Report | Jul 1, 2025 |
| R47620 | Canada: Background and U.S. Relations | Report | Jan 10, 2025 |
| R46139 | Estonia, Latvia, and Lithuania: Background and U.S.-Baltic Relations | Report | Jan 7, 2025 |
| IN12234 | FY2024 Defense Appropriations: Summary of Funding Archived | Insight | Apr 22, 2024 |
| IN12237 | FY2024 Defense Appropriations: Status of Legislative Activity Archived | Insight | Apr 19, 2024 |
Titles 5
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Federal Oil and Gas Royalty Management Act of 1982 to improve the management of royalties from oil and gas leases, and for other purposes.
- Short Title(s) as Introduced
- Royalty Resiliency Act
- Short Title(s) as Reported to House
- Royalty Resiliency Act
- Short Title(s) as Passed House
- Royalty Resiliency Act
- Short Titles from ENR (Enrolled) bill text
- Royalty Resiliency Act
Subjects
Assigned by the Library of Congress. Policy area: Energy.
Text 5
Each version as it was printed, newest first.
- —Enrolled Bill
- Jul 23, 2024Received in Senate
- Jul 22, 2024Engrossed in House
- Jun 27, 2024Reported in House
- Feb 15, 2024Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
