Install
LASSO Act
To deposit portions of revenue generated from public lands into the Social Security Trust Fund.
- Introduced
- Committee
- Passed House
- Passed Senate
- To President
- Became law
Summary
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.
Summary by the Congressional Research Service, Library of Congress.
Actions
- Feb 10, 2026 Subcommittee Hearings Held
- Feb 3, 2026 Referred to the Subcommittee on Federal Lands.
- Jan 31, 2025 Referred to the Subcommittee on Forestry and Horticulture.
- 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.
- Jan 3, 2025 Introduced in House
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