Introduced in House — H.R. 10831

119th CONGRESS

2d Session

H. R. 10831

IN THE HOUSE OF REPRESENTATIVES

October 15, 2026

Mr. Taylor introduced the following bill; which was referred to the Committee on Natural Resources

A BILL

To amend the Mineral Leasing Act for Acquired Lands and the Mineral Leasing Act to increase the State share of oil and gas leasing revenue from acquired lands, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

Section 1. Short title

This Act may be cited as the Acquired Lands Revenue Modernization Act.

Sec. 2. Disposition of receipts from oil and gas leases of acquired lands

(a) Mineral Leasing Act for Acquired Lands

Section 6(a) of the Mineral Leasing Act for Acquired Lands (30 U.S.C. 355(a)) is amended, in the first sentence—

(1)

by striking Subject to the provisions of section 35(b) of the Mineral Leasing Act (30 U.S.C. 191(b)), all and inserting All; and

(2)

by striking for other receipts and all that follows through such lands and inserting in section 35 of the Mineral Leasing Act (30 U.S.C. 191).

(b) Mineral Leasing Act

Section 35(a) of the Mineral Leasing Act (30 U.S.C. 191(a)) is amended, in the first sentence—

(1)

by striking , and rentals and inserting (30 U.S.C. 1701 et seq.), rentals; and

(2)

by inserting (30 U.S.C. 1001 et. seq.), and oil and gas leases under the Mineral Leasing Act for Acquired Lands (30 U.S.C. 351 et. seq.) after Geothermal Steam Act of 1970.