Policy News: December 20, 2021
ESA
DECEMBER 20, 2021
The bill retains a provision from the House bill repealing section 20001 of the 2017 Tax Act, which required the Bureau of Land Management to offer oil and gas lease sales in the Arctic National Wildlife Refuge and cancels the leases sold in January 2021. Onshore royalties would increase to a minimum of 16.75% from 12.5%.
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