S 5688 — 119th Congress

Acquired Lands Revenue Modernization Act

Introduced Oct 15, 2026 Open for voting
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Core Policy Mechanism Top 1

Equal State Revenue Share for Acquired Lands Oil and Gas Leases

Gives states the same share of oil and gas lease revenues from federally acquired lands as they currently receive from other public lands, by applying the standard Mineral Leasing Act revenue formula to acquired lands leases.

  • Population Scope Low Only state governments holding acquired federal lands within their borders are directly affected — a narrow set of jurisdictions rather than the general public.
  • Budgetary Magnitude Medium The bill redirects an existing revenue stream — shifting states from a lower share to 48 percent of oil and gas lease receipts from acquired lands — a recurring reallocation of meaningful magnitude with no new appropriation and no stated dollar ceiling.
  • Legal / Regulatory Depth Medium The bill creates a new statutory entitlement for states by expanding the coverage of an existing revenue-sharing formula, constraining how the Department of the Interior (DOI) must distribute acquired-lands lease receipts going forward — a substantive change to distribution rights, but one that operates within an already-established framework rather than erecting a new one.
  • Degree of Discretion Granted Low The amendment mandates a fixed percentage allocation with no agency discretion over the share; distribution follows automatically from the revised statutory formula.
  • Implementation & Enforcement Burden Low No new enforcement infrastructure, compliance obligations, or penalties are created; implementation requires only recalculating distributions under the existing administrative apparatus.
  • Temporal Commitment High The statutory amendment operates indefinitely, binding future revenue distributions until Congress affirmatively repeals or modifies the formula.
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Summary

This bill changes how money from oil and gas leases on federally acquired lands is shared with states. Right now, states receive a smaller cut of those revenues than they do from leases on other public lands. The bill rewrites two federal laws — the Mineral Leasing Act for Acquired Lands and the Mineral Leasing Act — so that states get the same 48 percent share of oil and gas lease revenues from acquired lands that they already receive from leases on other federal public lands.

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Version Event Date User support Your vote Roll calls
Original
Initial publication
Oct 15, 2026
Oct 15, 2026 No votes yet — —

Core Policy Mechanism Top 1

Equal State Revenue Share for Acquired Lands Oil and Gas Leases

Gives states the same share of oil and gas lease revenues from federally acquired lands as they currently receive from other public lands, by applying the standard Mineral Leasing Act revenue formula to acquired lands leases.

  • Population Scope Low Only state governments holding acquired federal lands within their borders are directly affected — a narrow set of jurisdictions rather than the general public.
  • Budgetary Magnitude Medium The bill redirects an existing revenue stream — shifting states from a lower share to 48 percent of oil and gas lease receipts from acquired lands — a recurring reallocation of meaningful magnitude with no new appropriation and no stated dollar ceiling.
  • Legal / Regulatory Depth Medium The bill creates a new statutory entitlement for states by expanding the coverage of an existing revenue-sharing formula, constraining how the Department of the Interior (DOI) must distribute acquired-lands lease receipts going forward — a substantive change to distribution rights, but one that operates within an already-established framework rather than erecting a new one.
  • Degree of Discretion Granted Low The amendment mandates a fixed percentage allocation with no agency discretion over the share; distribution follows automatically from the revised statutory formula.
  • Implementation & Enforcement Burden Low No new enforcement infrastructure, compliance obligations, or penalties are created; implementation requires only recalculating distributions under the existing administrative apparatus.
  • Temporal Commitment High The statutory amendment operates indefinitely, binding future revenue distributions until Congress affirmatively repeals or modifies the formula.
No signal yet

Core Policy Mechanism

Equal State Revenue Share for Acquired Lands Oil and Gas Leases