H.R. 7375 is a proposed law that seeks to update the Mineral Leasing Act, specifically focusing on improving how fees are assessed when people express interest in leasing land for oil or gas exploration. The bill introduces new rules for charging fees when land is either not...
Simple Explanation
H.R. 7375 is about changing the rules for paying fees when someone wants to use land for finding oil or gas. It says the interest lasts at least five years, and some new rules about paying money when no one else wants the land.