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H.R. 10831House119th Congress (2025-2027)In Committee

Acquired Lands Revenue Modernization Act

To amend the Mineral Leasing Act for Acquired Lands and the Mineral Leasing Act to increase the State share of oil and gas leasing revenue from acquired lands, and for other purposes.

Sponsored by David J. TaylorRep. David J. Taylor (R-OH)
Introduced October 15, 2026

AI-Generated Summary

Updated October 19, 2026 at 4:41 PM UTC

The Acquired Lands Revenue Modernization Act changes the Mineral Leasing statutes so that a larger portion of the money earned from oil and gas leases on federally‑acquired lands goes to the states where the lands are located. It updates the legal language of the Mineral Leasing Act for Acquired Lands and the broader Mineral Leasing Act to reflect this shift in revenue sharing.

Key Provisions

  • Amends Section 6(a) of the Mineral Leasing Act for Acquired Lands by removing the phrase that limited revenue sharing to the provisions of Section 35(b) and by replacing language about “other receipts” with a direct reference to Section 35, thereby opening the revenue stream to state shares.
  • Amends Section 35(a) of the Mineral Leasing Act to revise the list of items covered (adding rentals and oil‑and‑gas leases from acquired lands) and to clarify that these leases are included under the act’s revenue‑sharing provisions.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Natural Resources.

Natural Resources Committee

October 15, 2026

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HouseIntro Referral

Introduced in House

October 15, 2026

HouseIntro Referral

Referred to the House Committee on Natural Resources.

Natural Resources Committee

October 15, 2026

Bill Text

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Introduced in HouseIssued October 15, 2026

I

119th CONGRESS

2d Session

H. R. 10831

IN THE HOUSE OF REPRESENTATIVES

October 15, 2026

Mr. Taylor introduced the following bill; which was referred to the Committee on Natural Resources

A BILL

To amend the Mineral Leasing Act for Acquired Lands and the Mineral Leasing Act to increase the State share of oil and gas leasing revenue from acquired lands, and for other purposes.

1.

Short title

This Act may be cited as the Acquired Lands Revenue Modernization Act.

2.

Disposition of receipts from oil and gas leases of acquired lands

(a)

Mineral Leasing Act for Acquired Lands

Section 6(a) of the Mineral Leasing Act for Acquired Lands (30 U.S.C. 355(a)) is amended, in the first sentence—

(1)

by striking Subject to the provisions of section 35(b) of the Mineral Leasing Act (30 U.S.C. 191(b)), all and inserting All; and

(2)

by striking for other receipts and all that follows through such lands and inserting in section 35 of the Mineral Leasing Act (30 U.S.C. 191).

(b)

Mineral Leasing Act

Section 35(a) of the Mineral Leasing Act (30 U.S.C. 191(a)) is amended, in the first sentence—

(1)

by striking , and rentals and inserting (30 U.S.C. 1701 et seq.), rentals; and

(2)

by inserting (30 U.S.C. 1001 et. seq.), and oil and gas leases under the Mineral Leasing Act for Acquired Lands (30 U.S.C. 351 et. seq.) after Geothermal Steam Act of 1970.