LASSO Act
Sponsored By: Representative Gosar
In Committee
Summary
A dedicated 10% transfer of public land revenues to Social Security. The bill requires that each fiscal year 10 percent of amounts collected by the Department of the Interior and the Department of Agriculture from covered public lands in the preceding fiscal year be deposited into the Federal Old-Age and Survivors Trust Fund. It also clarifies that agencies may not raise prices for revenue-generating activities and that existing payments to states, Indian Tribes, territories, and local governments remain unaffected.
Show full summary
- Seniors and Social Security beneficiaries: Sends a steady revenue stream to the Old-Age and Survivors Trust Fund by directing 10% of eligible public-land receipts each year.
- Public land users and industries: Bars the Interior and Agriculture departments from using this law to raise fees or prices on activities that generate revenue.
- State, tribal, territorial, and local governments: Keeps current shares of public-land revenue intact so their distributions are not reduced.
- Scope for agencies and lands: Applies to land managed by the Department of the Interior, including submerged Outer Continental Shelf lands, and to Forest Service lands.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
More Social Security funding from public lands
Each year, 10% of last year's revenue from covered public lands would go to the Social Security trust fund. Covered lands include areas managed by Interior and the Forest Service, including the Outer Continental Shelf. This would not let the agencies raise fees on activities that generate this revenue. It would not cut the shares paid to States, Tribes, territories, or local governments.
Sponsors & CoSponsors
Sponsor
Gosar
AZ • R
Cosponsors
Donalds
FL • R
Sponsored 1/22/2025
Norman
SC • R
Sponsored 2/6/2025
Hamadeh (AZ)
AZ • R
Sponsored 2/6/2025
Davidson
OH • R
Sponsored 2/7/2025
Nehls
TX • R
Sponsored 2/10/2025
Owens
UT • R
Sponsored 2/10/2025
Crane
AZ • R
Sponsored 2/10/2025
Stutzman
IN • R
Sponsored 2/11/2025
Boebert
CO • R
Sponsored 2/21/2025
Harris (MD)
MD • R
Sponsored 2/27/2025
Wied
WI • R
Sponsored 3/18/2025
Van Orden
WI • R
Sponsored 4/17/2025
Fulcher
ID • R
Sponsored 4/30/2025
Babin
TX • R
Sponsored 10/14/2025
Roll Call Votes
No roll call votes available for this bill.
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