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HR. 34 · 119th Congress

LASSO Act

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Bill details

Introduced: 1/3/2025
Status: Subcommittee Hearings Held
Bill ID: 119hr34
Latest action: Subcommittee Hearings Held

Summary

Introduced in House

Land And Social Security Optimization Act or the LASSO Act This bill requires 10% of revenue generated by public lands, including submerged lands on the Outer Continental Shelf, under the jurisdiction of the Department of the Interior and the Forest Service to be deposited into the Federal Old-Age and Survivors Insurance Trust Fund, which is used to pay Social Security benefits to retirees and their families and to survivors of deceased workers.

Source: BILLSUM · Summary date: 1/3/2025

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Summary source label: BILLSUM
Congress.gov bill →GovInfo bill text (BILLS) →GovInfo summaries (BILLSUM) →OurCongress methodology →
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About this data

Non-partisan by design
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Official sources
Data is sourced from official government records (e.g., Congress.gov, GovInfo, Clerk of the House, and the U.S. Senate).
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Last updated: 1/3/2025Source: BILLSUMBill: 119hr34Learn more →