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HR 34
Introduced Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.

LASSO Act

To deposit portions of revenue generated from public lands into the Social Security Trust Fund.

Introduced Jan 3, 2025

Latest action (Feb 10, 2026) Subcommittee Hearings Held

Summary

  • Requires the Departments of Interior and Agriculture to deposit 10 percent of annual revenue collected from public lands activities into the Social Security Trust Fund each fiscal year.
  • Specifies that this redirection does not authorize raising prices of activities on public lands or reduce payments to States, Indian Tribes, territories, or local governments from public land revenue.
  • Applies to all lands under the administrative jurisdiction of the Department of Interior, including submerged lands on the Outer Continental Shelf, and lands under the Forest Service.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Actions (5)

  1. Feb 10, 2026 Subcommittee Hearings Held · house
  2. Feb 3, 2026 Referred to the Subcommittee on Federal Lands. · house
  3. Jan 31, 2025 Referred to the Subcommittee on Forestry and Horticulture. · house
  4. Jan 3, 2025 Referred to the Committee on Natural Resources, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. · house
  5. Jan 3, 2025 Introduced in House

More bills on these subjects (8)

Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).

Text versions (1)

  • Introduced in House · Jan 3, 2025

Only one text version is on file, so there’s no earlier version to compare against yet.

Full text

IN THE HOUSE OF REPRESENTATIVES

January 3, 2025

Mr. Gosar introduced the following bill; which was referred to the Committee on Natural Resources, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To deposit portions of revenue generated from public lands into the Social Security Trust Fund.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Land And Social Security Optimization Act” or “LASSO Act”.

SEC. 2. PUBLIC LAND REVENUE FOR SOCIAL SECURITY TRUST FUND.

(a) In General.—Notwithstanding any other law, each fiscal year, 10 percent of amounts collected by the Department of the Interior and the Department of Agriculture from the revenue generated by covered public lands during the preceding fiscal year shall be deposited into the Federal Old-Age and Survivors Trust Fund established under section 201(a) of the Social Security Act (42 U.S.C. 401(a)).

(b) Rules of Construction.—Nothing in this Act shall be construed as—

(1) authorizing the Secretary of the Interior or the Secretary of Agriculture to raise the price of any of the activities through which revenue is generated on covered public lands; or

(2) reducing amounts made available to States, Indian Tribes, territories, or local governments from revenue generated by covered public lands.

(c) Covered Public Lands Defined.—In this Act, the term “covered public lands” means any land under the administrative jurisdiction—

(1) of the Department of the Interior, including submerged lands on the Outer Continental Shelf (as such term is defined in section 2 of the Outer Continental Shelf Lands Act (43 U.S.C. 1331); or

(2) the Forest Service. <all>

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