SB5458: Supply Relief and Domestic Production Cost Reduction Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to reduce energy supply shortages and consumer fuel costs by lowering production cost barriers for domestic upstream oil and natural gas producers, providing temporary royalty and tax relief during periods of supply stress, streamlining permitting for additional production, encouraging State severance tax relief, and for other purposes.
Plain-language summary
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SB5458: Supply Relief and Domestic Production Cost Reduction Act