October 15, 2026
Mr. Moreno, under authority of the order of the Senate of September 30, 2026, introduced the following bill; which was ordered read twice and referred to the Committee on Energy and Natural Resources
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
.