S. 460 · Where this bill is now
In committee
Introduced in the Senate, Feb 6, 2025
What this bill does
In plain words · AI-written from the official summaryRequires regular oil and gas lease sales
This bill sets up a system where the federal government must hold oil and natural gas lease sales on public lands and waters at set times each year. Starting in 2025, the Department of the Interior must conduct at least four onshore sales per year in each state that has federal land available for leasing. Beginning in 2026, it must hold at least two offshore sales annually in the Gulf of Mexico.
How it affects you
This primarily affects oil and natural gas companies that bid on leases to drill on federal property, along with states that benefit from lease sale revenues. If you live in an area near federal lands or waters where drilling could happen, the bill's requirements could influence energy development in your region.
Read the official summary (Introduced in Senate, Feb 6, 2025)
Supporting Made in America Energy Act
This bill requires oil and natural gas lease sales that include certain public land and waters, prohibits lease sales in other areas, and establishes related requirements.
Beginning in FY2025, the Department of the Interior must conduct a minimum of four onshore lease sales annually in each state that has federal land available for oil and natural gas leasing. If a lease sale is canceled, delayed, or deferred, Interior must conduct a replacement sale during the same year.
Beginning in FY2026, Interior must conduct a minimum of two offshore, region-wide lease sales annually in the Gulf of Mexico Region of the Outer Continental Shelf (OCS) by specified dates. The sales must include the Central Gulf of Mexico Planning Area and the Western Gulf of Mexico Planning Area.
Interior must also conduct a minimum of six offshore lease sales of at least 1 million acres each over a 10-year period in the Cook Inlet Planning Area. The bill sets a 12.5% royalty rate for such leases.
Interior must plan and approve the subsequent OCS oil and gas leasing programs by specified deadlines.
The bill extends through 2035 a moratorium on oil and gas leasing in certain eastern and central portions of the Gulf of Mexico and expands the moratorium to include the South Atlantic Planning Area and the Straits of Florida Planning Area.
The bill also requires the President to obtain congressional approval before impeding or circumventing certain federal energy mineral leasing processes.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 460
A BILL
Supporting Made in America Energy Act
Sponsor: Sen. Steve Daines (R-MT) · Introduced Feb 6, 2025 · Energy · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Feb 6, 2025: “Read twice and referred to the Committee on Energy and Natural Resources.”