Taxpayer Relief from Big Oil Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 10256 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 10256 To amend the Energy Policy Act of 2005 and certain mineral leasing laws to reform oil and gas royalty relief, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 3, 2026 Ms. Dexter (for herself, Ms. Bonamici, Mr. Huffman, Ms. Norton, Mr. Thanedar, Mr. Min, Mr. Tonko, Ms. Simon, Ms. Brownley, Mr. Krishnamoorthi, Ms. Randall, Ms. Ansari, Mr. Cohen, Ms. McCollum, Ms. Salinas, Mr. Mullin, Mrs. Grijalva, Mr. Vargas, Mr. Levin, and Mr. Liccardo) introduced the following bill; which was referred to the Committee on Natural Resources _______________________________________________________________________ A BILL To amend the Energy Policy Act of 2005 and certain mineral leasing laws to reform oil and gas royalty relief, 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 ``Taxpayer Relief from Big Oil Act''. SEC. 2. ROYALTY RELIEF REFORM. (a) Gulf of Mexico Royalty Relief.-- (1) Repeal.--Section 344 of the Energy Policy Act of 2005 (42 U.S.C. 15904) is repealed. (2) Regulations.--Any regulations issued under section 344 of the Energy Policy Act of 2005 before the date of enactment of this section shall have no force or effect. (b) Alaska Royalty Relief.-- (1) Provisions relating to planning areas offshore alaska.--Section 8(a)(3)(B) of the Outer Continental Shelf Lands Act (43 U.S.C. 1337(a)(3)(B)) is amended by striking ``and in the Planning Areas offshore Alaska'' after ``West longitude''. (2) Provisions relating to naval petroleum reserve in alaska.--The Naval Petroleum Reserves Production Act of 1976 is amended-- (A) in section 104(a) (42 U.S.C. 6504(a)) by striking ``to the extent consisten