S 4715 · 119th CongressIn Committeecongress.gov ↗

A bill to amend the Outer Continental Shelf Lands Act to establish fitness to operate standards and decommissioning escrow accounts for offshore oil and gas operators, and for other purposes.

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would change the law that governs oil and gas drilling in ocean waters owned by the federal government. It appears to set rules about whether companies are qualified to operate offshore drilling operations and would require those companies to set aside money in special savings accounts to pay for removing equipment when drilling is finished. No official summary is available for this bill.

Introduced

June 9, 2026

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