H.R. 5577: Innovation in Offshore Leasing Act
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H.R. 5577: Innovation in Offshore Leasing Act
114th Congress · introduced 2016-06-24 · Energy · Latest: Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
federal
Follow this bill, step by step
- Where it came from: introduced 2016-06-24 · official record
- Who proposed it: Rep. Graves, Garret [R-LA-6] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Innovation in Offshore Leasing Act
Plain summary
Innovation in Offshore Leasing Act (Sec. 2)This bill amends the Outer Continental Shelf Lands Act to authorize the Bureau of Ocean Energy Management (BOEM)to conduct offshore oil and gas lease sales through Internet-based bidding methods. Before conducting any Internet-based sale, BOEM is required to gather information from each company present for bidding at the 10 most recent oil and gas lease sales conducted under the Outer Continental Shelf Lands Act. The information is designed to provide the bidding public sufficient opportunity to share ideas, methods, and concerns regarding Internet-based leasing. All Internet-based sales must meet certain requirements and BOEM shall publicly disclose statistical data regarding any sale on the day the sale is executed. Additionally, BOEM must conduct at least one Internet-based lease sale in the Gulf of Mexico Outer Continental Shelf Region within 18 months. BOEM must also provide a report to Congress within 90 days after it conducts a third Internet-based lease sale.
Congressional Research Service summary (Passed House amended), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
Innovation in Offshore Leasing Act
Source: Congressional Research Service summary (Passed House amended)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Graves, Garret [R-LA-6] · 5 cosponsors
Cost estimate: CBO cost estimate: H.R. 5577, Innovation in Offshore Leasing Act (2016-09-02)
Cosponsors on this site
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (2)
- Authorization
- A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Passed House amended)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114hr5577.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/hr>
Record fed-us-cong114-hr5577 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114