HR9034Referred to Committee

To amend the Outer Continental Shelf Lands Act to establish fitness to operate standards and decommissioning escrow accounts for offshore oil and gas operators, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-05-26
Introduced
8
Cosponsors
HR
Type

Sponsor

Dave Min
Dave Min
Democrat · CA · Representative
Votes with party: 94.9% (553 recorded votes)

Full profile: /officials/M001241

Source: Congress.gov · FEC

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Natural Resources.

2026-05-26

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The proposal would require offshore oil and gas companies to meet certain safety and financial standards before being allowed to operate in federal waters, and would require them to set aside money in escrow accounts to pay for cleaning up and removing their equipment when operations end. This aims to ensure companies have the financial resources to properly decommission their facilities and prevent taxpayers from footing the bill for cleanup costs. The measure would affect oil and gas operators working on the outer continental shelf off U.S. coasts.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

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