(C) in paragraph (2)— 
(i) by striking ‘‘or capacity fee’’ and 
inserting ‘‘, capacity fee, or royalty rate’’; 
and 
(ii) by striking ‘‘wind and solar’’ and 
inserting ‘‘oil, natural gas, wind, and 
solar’’; and 
(3) by adding at the end the following: 
‘‘(c) PARITY IN REDUCTIONS IN ROYALTY RATES 
AND CAPACITY FEES.—If the Secretary reduces capacity 
fees for wind and solar authorizations pursuant to this 
section, the Secretary shall reduce royalty rates for oil and 
natural gas authorizations by the percentage that is equal 
to the percentage of the reduction in capacity fees.’’. 
SEC. 3. PROPOSED RULE ON RIGHTS-OF-WAY, LEASING, 
AND OPERATIONS FOR RENEWABLE ENERGY. 
Not later than 120 days after the date of enactment 
of this Act, the Bureau of Land Management shall reissue 
the proposed rule titled ‘‘Rights-of-Way, Leasing, and Op-
erations for Renewable Energy’’ and published June 16, 
2023 (88 Fed. Reg. 39726), to carry out the amendments 
made by section 2. 
SEC. 4. RATES UNDER THE MINERAL LEASING ACT. 
(a) ONSHORE OIL AND GAS ROYALTY RATES.— 
VerDate Sep 11 2014 
06:29 Dec 07, 2023
Jkt 049200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H6530.IH
H6530
kjohnson on DSK7ZCZBW3PROD with $$_JOB
(1) LEASE OF OIL AND GAS LAND.—Section 17 
of the Mineral Leasing Act (30 U.S.C. 226) is 
amended— 
(A) in subsection (b)(1)(A)— 
(i) by striking ‘‘not less than 162⁄3’’ 
and inserting ‘‘not less than 12.5’’; and 
(ii) by striking ‘‘or, in the case of a 
lease issued during the 10-year period be-
ginning on the date of enactment of the 
Act titled ‘An Act to provide for reconcili-
ation pursuant to title II of S. Con. Res. 
14’, 162⁄3 percent in amount or value of 
the production removed or sold from the 
lease’’; and 
(B) by striking ‘‘162⁄3 percent’’ each place 
it appears and inserting ‘‘12.5 percent’’. 
(2) CONDITIONS
FOR
REINSTATEMENT.—Sec-
tion 31(e)(3) of the Mineral Leasing Act (30 U.S.C. 
188(e)(3)) is amended by striking ‘‘20’’ inserting 
‘‘162⁄3’’. 
(b) OIL AND GAS MINIMUM BID.—Section 17(b) of 
the Mineral Leasing Act (30 U.S.C. 226(b)) is amended— 
(1) in paragraph (1)(B), by striking ‘‘$10 per 
acre during the 10-year period beginning on the date 
of enactment of the Act titled ‘An Act to provide for 
VerDate Sep 11 2014 
06:29 Dec 07, 2023
Jkt 049200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H6530.IH
H6530
kjohnson on DSK7ZCZBW3PROD with $$_JOB
reconciliation pursuant to title II of S. Con. Res. 
14’.’’ and inserting ‘‘$2 per acre for a period of 2 
years from the date of the enactment of the Federal 
Onshore Oil and Gas Leasing Reform Act of 1987.’’; 
and 
(2) in paragraph (2)(C), by striking ‘‘$10 per 
acre’’ and inserting ‘‘$2 per acre’’. 
(c) FOSSIL FUEL RENTAL RATES.—Section 17(d) of 
the Mineral Leasing Act (30 U.S.C. 226(d)) is amended 
to read as follows: 
‘‘(d) All leases issued under this section, as amended 
by the Federal Onshore Oil and Gas Leasing Reform Act 
of 1987, shall be conditioned upon payment by the lessee 
of a rental of not less than $1.50 per acre per year for 
the first through fifth years of the lease and not less than 
$2 per acre per year for each year thereafter. A minimum 
royalty in lieu of rental of not less than the rental which 
otherwise would be required for that lease year shall be 
payable at the expiration of each lease year beginning on 
or after a discovery of oil or gas in paying quantities on 
the lands leased.’’. 
Æ 
VerDate Sep 11 2014 
06:29 Dec 07, 2023
Jkt 049200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6301
E:\BILLS\H6530.IH
H6530
kjohnson on DSK7ZCZBW3PROD with $$_JOB