H.R. 34 · 119th Congress
LASSO Act
In progress
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Bill details
Introduced: 1/3/2025
Current status: In progress
Introduced by: Paul A. Gosar (R · AZ-09)
Bill ID: 119hr34
Latest official action: Subcommittee Hearings Held
Bill overview
A neutral overview based on official congressional sources.
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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