text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Ensuring the Taxpayer a Fair Return 
  for Federal Onshore Oil and Gas Resources Act of 2015''.
  
  SEC. 2. ADJUSTMENT OF MINIMUM BIDS AND ANNUAL RENTALS FOR OIL AND GAS 
                AND TAR SANDS LEASES TO REFLECT INFLATION.
  
      (a) In General.--Section 17 of the Mineral Leasing Act (30 U.S.C. 
  226) is amended--
              (1) in subsection (b)(1)(B), by striking ``$2 per acre'' 
          and inserting ``$4 per acre'';
              (2) in subsection (b)(2)(C), by striking ``$2 per acre'' 
          and inserting ``$5 per acre'';
              (3) in subsection (d)--
                      (A) by striking ``$1.50 per acre'' and inserting 
                  ``$3 per acre''; and
                      (B) by striking ``$2 per acre'' and inserting ``$4 
                  per acre''; and
              (4) by adding at the end the following:
      ``(q) Inflation Adjustment.--
              ``(1) In general.--The Secretary shall--
                      ``(A) by regulation, at least once every 4 years, 
                  adjust each of the dollar amounts that applies under 
                  subsections (b)(1)(B), (b)(2)(C), and (d) by the cost-
                  of-living adjustment; and
                      ``(B) publish each such regulation in the Federal 
                  Register.
              ``(2) Definitions.--In this subsection:
                      ``(A) Cost-of-living adjustment.--The term `cost-
                  of-living adjustment' means the percentage (if any) for 
                  a dollar amount by which--
                              ``(i) the Consumer Price Index for the 
                          month of June of the calendar year preceding 
                          the adjustment, exceeds
                              ``(ii) the Consumer Price Index for the 
                          month of June of the calendar year in which the 
                          dollar amount was last set or adjusted pursuant 
                          to law.
                      ``(B) Consumer price index.--The term `Consumer 
                  Price Index' means the Consumer Price Index for all 
                  urban consumers published by the Department of 
                  Labor.''.
      (b) Conforming Amendment.--Section 17(b)(1)(B) of the Mineral 
  Leasing Act (30 U.S.C. 226(b)(1)(B)) is amended beginning in the first 
  sentence by striking ``for a period'' and all that follows through 
  ``Thereafter, the'' and inserting ``. The''.
  
  SEC. 3. AMENDMENT OF ROYALTY RATES.
  
      (a) Royalty Rates.--Section 17 of the Mineral Leasing Act (30 
  U.S.C. 226) is amended--
              (1) by striking ``12.5'' each place such term appears and 
          inserting ``18.75''; and
              (2) by striking ``12\1/2\'' each place such term appears 
          and inserting ``18.75''.
      (b) Application.--The amendments made by subsection (a) shall apply 
  only to new leases issued on or after the date of enactment of this 
  Act.
  
  SEC. 4. ON-SHORE FEDERAL OIL AND GAS ROYALTY SHARING.
  
      (a) In General.--Section 35 of the Mineral Leasing Act (30 U.S.C. 
  191) is amended--
              (1) by striking ``Sec. 35. (a)'' and all that follows 
          through ``50 per centum thereof'' and inserting the following:
  
  ``SEC. 35. ON-SHORE OIL AND GAS ROYALTY SHARING.
  
      ``(a) Royalty Sharing.--
              ``(1) In general.--Of the amounts received by the United 
          States from sales, bonuses, and royalties, including interest 
          charges collected under the Federal Oil and Gas Royalty 
          Management Act of 1982, and from rentals of the public lands in 
          Alaska under the provisions of this Act and the Geothermal 
          Steam Act of 1970--
                      ``(A) 33.33 percent shall be used as described in 
                  paragraph (2); and
                      ``(B) the remainder shall be used as described in 
                  paragraph (3).
              ``(2) Distribution of 33.33 percent.--
                      ``(A) In general.--Of the amount referred to in 
                  paragraph (1)(A)--
                              ``(i) 30 percent, but not to exceed 
                          $50,000,000 per fiscal year, shall be 
                          transferred by the Secretary of the Treasury to 
                          the Bureau of Land Management for use for oil 
                          and gas inspection and enforcement;
                              ``(ii) 15 percent, but not to exceed 
                          $25,000,000 per fiscal year, shall be available 
                          to the Secretary of the Interior to remediate, 
                          reclaim, and properly plug and abandon orphan 
                          oil and gas wells on Federal lands;
                              ``(iii) 45 percent shall be paid by the 
                          Secretary of the Treasury to the State within 
                          the boundaries of which the leased land is 
                          located or the deposits were derived, for use 
                          by such State in accordance with paragraph (3); 
                          and
                              ``(iv) the remainder shall be deposited 
                          into the Treasury as miscellaneous receipts.
                      ``(B) Administration.--Amounts to be paid or 
                  available under clauses (i), (ii), and (iii) of 
                  subparagraph (A) shall--
                              ``(i) be available without further 
                          appropriation; and
                              ``(ii) remain available until expended.
              ``(3) Distribution of remainder.--Of the amount referred to 
          in paragraph (1)(B), and subject to subsection (b), 50 per 
          centum thereof''; and
              (2) in subsection (a), by striking ``All moneys received'' 
          and inserting the following:
              ``(4) General provisions.--All moneys received''.
      (b) Conforming Amendment.--Section 35(c)(1) of the Mineral Leasing 
  Act (30 U.S.C. 191(c)(1)) is amended by striking ``the first sentence 
  of''.
      (c) Limitations on Application.--The amendments made by subsection 
  (a)--
              (1) shall apply only to amounts received by the United 
          States under new leases issued on or after the date of 
          enactment of this Act; and
              (2) shall not affect the application of section 35(a) of 
          the Mineral Leasing Act (30 U.S.C. 191(a)) to amounts received 
          by the United States before the first fiscal year beginning 
          after the date of the enactment of this Act.
target: Ensuring the Taxpayer a Fair Return for Federal Onshore Oil and Gas Resources Act of 2015 This bill amends the Mineral Leasing Act to increase the minimum acceptable bids and rentals for leases of oil, natural gas, and tar sand on federal land. Minimum acceptable bids and rentals shall receive inflation adjustments once every four years. One-third of any amounts received by the United States from sales, bonuses, and royalties, including interest charges collected under the Federal Oil and Gas Royalty Management Act of 1982, and from rentals of the public lands in Alaska under the Mineral Leasing Act and the Geothermal Steam Act of 1970, shall be made available in specified percentages:  for use for oil and gas inspection and enforcement; to remediate, reclaim, and properly plug and abandon orphan oil and gas wells on federal lands; and  to the state within whose boundaries the leased land is located, or the deposits were derived, for state use in accordance with specified requirements. 
feat_title: Ensuring the Taxpayer a Fair Return for Federal Onshore Oil and Gas Resources Act of 2015