License to Drill Act in plain language
1: Short title
This section would let the Act be called the License to Drill Act.
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1. Short title This Act may be cited as the License to Drill Act .
2: BLM oil and gas permit processing fee
This section would amend section 35(d) of the Mineral Leasing Act (30 U.S.C. 191(d)), the law that requires the Secretary of the Interior to collect a fee for each new application for a permit to drill for oil or gas. It would extend the fee-collection period set out in paragraph (1) so that it runs through fiscal year 2037 instead of ending after fiscal year 2026. It would rewrite paragraph (3) so that, for each of fiscal years 2027 through 2037, all of the fees collected under this subsection for that fiscal year would be transferred to the BLM Permit Processing Improvement Fund. It would also change a 2026 date to 2037 in paragraph (4) of the same subsection, extending by the same span of years whatever fee-related deadline or authority paragraph (4) sets, though the text given here does not describe what that paragraph covers beyond the date itself.
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2. BLM oil and gas permit processing fee Section 35(d) of the Mineral Leasing Act ( 30 U.S.C. 191(d) ) is amended— (1) in paragraph (1), by striking 2026 and inserting 2037 ; (2) in paragraph (3)— (A) by striking Of the fees collected under this subsection for a fiscal year, the and inserting The ; and (B) by striking transfer— and all that follows through the Fund and inserting transfer, for each of fiscal years 2027 through 2037, all of the fees collected under this subsection for each such fiscal year to the BLM Permit Processing Improvement Fund ; and (3) in paragraph (4), by striking 2026 and inserting 2037 .