HR10256119th CongressWALLET

Taxpayer Relief from Big Oil Act

Sponsored By: Representative Dexter, Maxine [D-OR-3]

Introduced

Summary

Reforming federal oil and gas royalty rules by repealing certain Gulf of Mexico relief and creating uniform transportation allowances for royalty calculations. It would also change Alaska royalty language and require an annual report to Congress.

Show full summary
  • Repeals royalty relief provisions in the Gulf of Mexico, removing the existing relief framework for projects in that region.
  • Adjusts Alaska royalty relief rules, including planning-area language and provisions tied to the Naval Petroleum Reserves Production Act, affecting Alaska producers.
  • Directs the Secretary of the Interior, through the Office of Natural Resources Revenue, to set standardized transportation allowances for royalties capped at the lesser of 30 percent of production value or actual transportation costs and to provide a detailed annual royalty relief report to Congress.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

Cap oil and gas transport allowances

This bill would require the Interior Secretary to set standard transportation allowances for royalties within one year after enactment. Each allowance would be limited to the lesser of 30 percent of the value of produced oil and gas or the actual and reasonable transportation costs. The rule would cover each BLM oil and gas administrative boundary and each Outer Continental Shelf planning area where production occurs. Producers could face higher royalty payments if prior allowances exceeded the new cap.

End Gulf royalty relief

This bill would repeal the 2005 law that let Gulf of Mexico producers get special royalty relief. Any regulations made under that 2005 law before enactment would have no force. These changes would take effect upon enactment. Gulf lessees and producers would lose that relief and could pay higher royalties. Federal royalty receipts would likely increase.

Sponsors & CoSponsors

Sponsor

Dexter, Maxine [D-OR-3]

OR • D

Cosponsors

  • Rep. Bonamici, Suzanne [D-OR-1]

    OR • D

    Sponsored 9/3/2026

  • Rep. Huffman, Jared [D-CA-2]

    CA • D

    Sponsored 9/3/2026

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 9/3/2026

  • Rep. Thanedar, Shri [D-MI-13]

    MI • D

    Sponsored 9/3/2026

  • Rep. Min, Dave [D-CA-47]

    CA • D

    Sponsored 9/3/2026

  • Rep. Tonko, Paul [D-NY-20]

    NY • D

    Sponsored 9/3/2026

  • Rep. Simon, Lateefah [D-CA-12]

    CA • D

    Sponsored 9/3/2026

  • Rep. Brownley, Julia [D-CA-26]

    CA • D

    Sponsored 9/3/2026

  • Rep. Krishnamoorthi, Raja [D-IL-8]

    IL • D

    Sponsored 9/3/2026

  • Rep. Randall, Emily [D-WA-6]

    WA • D

    Sponsored 9/3/2026

  • Rep. Ansari, Yassamin [D-AZ-3]

    AZ • D

    Sponsored 9/3/2026

  • Rep. Cohen, Steve [D-TN-9]

    TN • D

    Sponsored 9/3/2026

  • Rep. McCollum, Betty [D-MN-4]

    MN • D

    Sponsored 9/3/2026

  • Rep. Salinas, Andrea [D-OR-6]

    OR • D

    Sponsored 9/3/2026

  • Rep. Mullin, Kevin [D-CA-15]

    CA • D

    Sponsored 9/3/2026

  • Rep. Grijalva, Adelita S. [D-AZ-7]

    AZ • D

    Sponsored 9/3/2026

  • Rep. Vargas, Juan [D-CA-52]

    CA • D

    Sponsored 9/3/2026

  • Rep. Levin, Mike [D-CA-49]

    CA • D

    Sponsored 9/3/2026

  • Rep. Liccardo, Sam T. [D-CA-16]

    CA • D

    Sponsored 9/3/2026

Roll Call Votes

No roll call votes available for this bill.

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