Supply Relief and Domestic Production Cost Reduction Act
The source supplies the latest action, but no lifecycle stage.
Latest action (22 Sep 2026): Read twice and referred to the Committee on Energy and Natural Resources.
What this bill does
This bill, titled "A bill to reduce energy supply shortages and consumer fuel costs," aims to lower barriers for domestic oil and natural gas producers. According to its title, it seeks to achieve this by reducing production costs, offering temporary royalty and tax relief during times of supply stress, and making it easier to get permits for increased production. The bill also intends to encourage states to reduce their own severance taxes on oil and gas.
The bill, introduced by Senator Tom Cotton, is currently in its initial stage in the 119th Congress. It has been introduced but has not yet moved to any further legislative steps. The full text of the bill, detailing its specific provisions and mechanisms, is not yet available.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
22 Sep 2026
Read twice and referred to the Committee on Energy and Natural Resources.
Common questions
- What does S. 5458 do?
- This bill, titled "A bill to reduce energy supply shortages and consumer fuel costs," aims to lower barriers for domestic oil and natural gas producers. According to its title, it seeks to achieve this by reducing production costs, offering temporary royalty and tax relief during times of supply stress, and making it easier to get permits for increased production. The bill also intends to encourage states to reduce their own severance taxes on oil and gas. The bill, introduced by Senator Tom Cotton, is currently in its initial stage in the 119th Congress. It has been introduced but has not yet moved to any further legislative steps. The full text of the bill, detailing its specific provisions and mechanisms, is not yet available.
- Has S. 5458 become law?
- The source does not supply a confirmed lifecycle stage for S. 5458. Check the latest action and official source below.
- Who sponsored S. 5458?
- S. 5458 was sponsored by Sen. Cotton, Tom [R-AR] (R-AR), with 0 cosponsors.
- What's the latest action on S. 5458?
- Read twice and referred to the Committee on Energy and Natural Resources. (22 Sep 2026).
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