I 
116TH CONGRESS 
2D SESSION 
H. R. 6707 
To amend the Mineral Leasing Act and the Outer Continental Shelf Lands 
Act to limit the authority of the Secretary of the Interior to reduce 
certain royalties, to amend the CARES Act to limit the provision of 
assistance to certain businesses, to impose a moratorium on certain 
oil and natural gas lease sales, the issuance of coal leases, and modifica-
tions to certain regulations, to extend certain public comment periods, 
and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 5, 2020 
Ms. BARRAGA´N (for herself, Ms. OMAR, Mr. HUFFMAN, Ms. JAYAPAL, Mr. 
RASKIN, Mr. COHEN, Ms. OCASIO-CORTEZ, Ms. TLAIB, Ms. PRESSLEY, 
Mr. KENNEDY, Mr. BLUMENAUER, Mr. ESPAILLAT, Ms. NORTON, Ms. 
SPEIER, Mr. GARCI´A of Illinois, Ms. LEE of California, Mr. KHANNA, Ms. 
PINGREE, Mrs. NAPOLITANO, Mr. LOWENTHAL, Ms. ROYBAL-ALLARD, 
Mr. CARBAJAL, Mr. JOHNSON of Georgia, Mr. HASTINGS, Mr. MCGOV-
ERN, Mr. SOTO, Ms. VELA´ZQUEZ, Mr. LEVIN of California, Mr. GOMEZ, 
and Ms. WASSERMAN SCHULTZ) introduced the following bill; which was 
referred to the Committee on Natural Resources, and in addition to the 
Committees on Energy and Commerce, Financial Services, and the Judi-
ciary, for a period to be subsequently determined by the Speaker, in each 
case for consideration of such provisions as fall within the jurisdiction of 
the committee concerned 
A BILL 
To amend the Mineral Leasing Act and the Outer Conti-
nental Shelf Lands Act to limit the authority of the 
Secretary of the Interior to reduce certain royalties, to 
amend the CARES Act to limit the provision of assist-
ance to certain businesses, to impose a moratorium on 
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certain oil and natural gas lease sales, the issuance of 
coal leases, and modifications to certain regulations, to 
extend certain public comment periods, and for other 
purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Resources for Work-
force Investments, Not Drilling Act’’ or the ‘‘ReWIND 
Act’’. 
SEC. 2. LIMITATION ON CERTAIN FORMS OF ASSISTANCE 
UNDER THE CARES ACT. 
(a) EXCLUSION OF CERTAIN BUSINESSES FROM FI-
NANCIAL ASSISTANCE.— 
(1) DEFINITION OF ELIGIBLE BUSINESS.—Sec-
tion 4002(4)(B) of the CARES Act (Public Law 
116–136; 134 Stat. 281) is amended by inserting 
‘‘(other than a United States business for which not 
less than 15 percent of the revenue is derived from 
the extraction, transport, storage, export, or refining 
of oil, natural gas, and coal)’’ after ‘‘United States 
business’’. 
(2) LOANS AND LOAN GUARANTEES FOR BUSI-
NESSES CRITICAL TO MAINTAINING NATIONAL SECU-
RITY.—Section 4003(b)(3) of the CARES Act (Pub-
lic Law 116–136; 134 Stat. 281) is amended by in-
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serting ‘‘(other than a United States business for 
which not less than 15 percent of the revenue is de-
rived from the extraction, transport, storage, export, 
or refining of oil, natural gas, and coal)’’ after ‘‘na-
tional security’’. 
(b) LIMITATION
ON
ACQUISITION
OF
FEDERAL 
LEASES BY LOAN RECIPIENTS.—Section 4003(c)(1) of 
the CARES Act (Public Law 116–136; 134 Stat. 281) is 
amended by adding at the end the following: 
‘‘(C) LIMITATION
ON
ACQUISITION
OF 
FEDERAL LEASES BY LOAN RECIPIENTS.—An 
eligible business that receives a loan or loan 
guarantee under this section may not bid on, 
purchase, or acquire any Federal lease or ac-
quire a Federal lease from a third party until 
the date on which the Secretary certifies that 
any loans received or guaranteed under this sec-
tion have been repaid.’’. 
(c) LIMITATION ON LOANS AND LOAN GUARANTEES 
TO CERTAIN FINANCIAL INSTITUTIONS.—Section 4003 of 
the CARES Act (Public Law 116–136; 134 Stat. 281) is 
amended by adding at the end the following: 
‘‘(i) LIMITATION ON LOANS AND LOAN GUARANTEES 
TO CERTAIN FINANCIAL INSTITUTIONS.—The Secretary 
shall not make a loan or loan guarantee to, or other invest-
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ment in, a financial institution under this section for the 
purpose of assisting any business for which not less than 
15 percent of the revenue is derived from the extraction, 
transport, storage, export, or refining of oil, natural gas, 
and coal.’’. 
SEC. 3. LIMITATIONS ON BANKS OPERATING FOSSIL FUEL 
COMPANIES. 
(a) DEFINITIONS.—In this section: 
(1) CARES ACT.—The term ‘‘CARES Act’’ 
means the Coronavirus Aid, Relief, and Economic 
Security Act (Public Law 116–136). 
(2) COVERED ENTITY.—The term ‘‘covered en-
tity’’ means— 
(A) a solvent insured depository institution 
or solvent depository institution holding com-
pany (including any affiliate thereof) that issues 
debt that is guaranteed under the program au-
thorized by subsection (h) of section 1105 of 
the Dodd-Frank Wall Street Reform and Con-
sumer Protection Act, as added by section 4008 
of the CARES Act; 
(B) any entity issuing loans or extensions 
of credit described in section 5200(c)(7) of the 
Revised Statutes, as amended by section 4011 
of the CARES Act; 
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(C) any bank sponsoring a money market 
mutual fund that benefits from a guarantee as 
a result of the application of section 4015(a) of 
the CARES Act; 
(D) a qualifying community bank that is 
subject to interim rule issued under section 
4012(b)(1) of the CARES Act; and 
(E) an insured depository institution, bank 
holding company, or any affiliate thereof that 
does not comply with the current expected cred-
it losses methodology for estimating allowances 
for credit losses described in section 4014(b) of 
the CARES Act. 
(3) COVERED PERIOD.—The term ‘‘covered pe-
riod’’ means the period beginning on the date of en-
actment of this Act and ending on the date that is 
2 years after— 
(A) with respect to a covered entity de-
scribed in subparagraph (A) of paragraph (2), 
the date on which the program described in 
that subparagraph terminates; 
(B) with respect to a covered entity de-
scribed in subparagraph (B) of paragraph (2), 
the date on which the period described in sec-
tion 4011(b) of the CARES Act expires; 
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(C) with respect to a covered entity de-
scribed in subparagraph (C) of paragraph (2), 
the date on which the guarantee described in 
that subparagraph terminates; 
(D) with respect to a covered entity de-
scribed in subparagraph (D) of paragraph (2), 
the date on which the period described in sec-
tion 4012(b)(2) of the CARES Act expires; and 
(E) with respect to a covered entity de-
scribed in subparagraph (E) of paragraph (2), 
the date on which the period described in sec-
tion 4014(b) of the CARES Act expires. 
(b) PROHIBITION.—From the date of enactment of 
this law no covered entity, or subsidiary or affiliate of a 
covered entity, may take a new equity stake or otherwise 
own or operate, or sponsor or retain an ownership interest 
in any fund that takes any new ownership stake in, any 
business for which 15 percent or more of the revenue is 
derived from the extraction, transport, storage, export, 
and refining of oil, natural gas, and coal during the cov-
ered period. 
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SEC. 4. MORATORIUM ON OIL AND NATURAL GAS LEASE 
SALES, NONCOMPETITIVE LEASES FOR OIL 
OR NATURAL GAS, THE ISSUANCE OF COAL 
LEASES, AND MODIFICATIONS TO CERTAIN 
REGULATIONS. 
Notwithstanding any other provision of law, during 
the period beginning on the date of enactment of this Act 
and ending on the termination date of the national emer-
gency declared by the President under the National Emer-
gencies Act (50 U.S.C. 1601 et seq.) with respect to the 
Coronavirus Disease 2019 (COVID–19), the Secretary of 
the Interior shall not— 
(1) conduct any lease sales for oil or natural 
gas; 
(2) issue any noncompetitive leases for oil or 
natural gas; 
(3) issue any coal leases; or 
(4) modify any regulations relating to oil, nat-
ural, gas, or coal. 
SEC. 5. STRATEGIC PETROLEUM RESERVE. 
(a) MAXIMUM STORAGE CAPACITY.— 
(1) IN GENERAL.—Section 154(a) of the En-
ergy Policy and Conservation Act (42 U.S.C. 
6234(a)) is amended by striking ‘‘1 billion barrels’’ 
and inserting ‘‘713,500,000 barrels’’. 
(2) CONFORMING AMENDMENTS.— 
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(A) Section 301(e) of the Energy Policy 
Act of 2005 (42 U.S.C. 6240 note; Public Law 
109–58) is amended by striking paragraph (1). 
(B) Section 159 of the Energy Policy and 
Conservation Act (42 U.S.C. 6239) is amended 
by striking subsection (j). 
(b) DEVELOPMENT, OPERATION, AND MAINTENANCE 
OF RESERVE.—Section 159 of the Energy Policy and Con-
servation Act (42 U.S.C. 6239) (as amended by subsection 
(a)(2)(B)) is amended— 
(1) by redesignating subsections (f), (g), (k), 
and (l) as subsections (a), (b), (c), and (d), respec-
tively; and 
(2) by inserting after subsection (d) (as so re-
designated) the following: 
‘‘(e) PROHIBITION
OF STORAGE
OF PETROLEUM 
PRODUCTS NOT OWNED BY THE UNITED STATES.—The 
Secretary may not store in a storage or related facility 
of the Strategic Petroleum Reserve owned by or leased to 
the United States any petroleum products that are not 
owned by the United States.’’. 
(c) REPEAL
OF ROYALTY-IN-KIND PROVISION.— 
Title I of The Department of the Interior, Environment, 
and Related Agencies Appropriations Act, 2006 (Public 
Law 109–54; 119 Stat. 512), is amended in the matter 
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under the heading ‘‘ROYALTY AND OFFSHORE MINERALS 
MANAGEMENT’’ under the heading ‘‘MINERALS MANAGE-
MENT SERVICE’’ under the heading ‘‘DEPARTMENT OF 
THE INTERIOR’’ by striking the fifth proviso (30 
U.S.C. 1758). 
SEC. 6. LIMITATION ON AVAILABILITY OF FUNDS UNDER 
THE DEFENSE PRODUCTION ACT OF 1950. 
A fossil fuel company shall not be eligible for finan-
cial assistance made available in connection with the na-
tional emergency declared by the President under the Na-
tional Emergencies Act (50 U.S.C. 1601 et seq.) with re-
spect to the Coronavirus Disease 2019 (COVID–19) under 
title III of the Defense Production Act of 1950 (50 U.S.C. 
4531 et seq.), including through a loan guarantee, loan, 
direct investment, or price guarantee under that title. 
SEC. 7. REPEAL OF ROYALTY RELIEF PROVISIONS. 
(a) ROYALTY RELIEF UNDER THE MINERAL LEAS-
ING ACT.— 
(1) REPEAL.—Section 39 of the Mineral Leas-
ing Act (30 U.S.C. 209) is repealed. 
(2) CONFORMING AMENDMENTS.— 
(A) Section 8721(b) of title 10, United 
States Code, is amended by striking ‘‘202–209’’ 
and inserting ‘‘202–208’’. 
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