According to a summary, the bill would also lift restrictions on the import and export of liquefied natural gas, eliminate royalties companies pay to extract fossil fuels from federal lands or waters and speed up the approval of federal permits.
For example, for projects to win approval under the federal permitting law, the bill would require regulatory agencies to complete environmental assessments within one year and more stringent environmental impact statements within two years.
After proposals to rewrite America’s permit laws failed last year, Scalise’s bill is the first permit bill in the new Congress, following bills introduced in the fall by Sen. Joe Manchin III, DW.Va., and his state peer, Sen. Shelley Moore Capito, RW.Va.
Manchin moved to attach his permit proposal to spending legislation and the annual defense policy bill last year, but those efforts fell apart.
The House is expected to vote on the bill, a broader set of energy, infrastructure, permitting and environmental elements, during the last week of March.