The LASSO Act: Redirecting Public Land Revenue to Social Security

Where This Stands

Introduced

Committee

Floor Vote

Passed

Signed

Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

This bill would create a new, dedicated funding stream for the , potentially impacting the long-term solvency of Social Security by linking it to revenue from activities like energy leasing and resource extraction on federal lands.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Social Security beneficiaries

The bill creates a new revenue stream for the Federal Old-Age and Survivors Trust Fund.

States, Indian Tribes, and local governments

The bill mandates that their existing revenue shares from public lands must not be reduced by this new policy.

What changed

Current stage: IN_COMMITTEE.

What's next

Floor Vote.

Summary

The LASSO Act proposes to transfer 10% of annual revenue generated from federal public lands directly into the Social Security Trust Fund. This change would apply to income collected by the Department of the Interior and the Department of Agriculture, starting each .

Why It Matters

This bill would create a new, dedicated funding stream for the , potentially impacting the long-term solvency of Social Security by linking it to revenue from activities like energy leasing and resource extraction on federal lands.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Will this bill increase the cost of using public lands?

No. The bill explicitly states that it does not authorize the Secretary of the Interior or the Secretary of Agriculture to raise the price of any activities on public lands.

Will this reduce funding for states or local governments?

No. The bill includes a stating that the transfer of funds to Social Security must not reduce the amounts currently provided to States, Indian Tribes, territories, or local governments.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Diversification of Social Security Funding

The bill attempts to decouple Social Security funding from payroll taxes alone by introducing a direct link to natural resource revenue.

Federal Old-Age and Survivors Trust Fund

Connected Entities

personMr. Gosar“Introduced the bill”Map →

organizationForest Service“Part of covered public lands”Map →

organizationDepartment of the Interior“Collects revenue from covered public lands”Map →

organizationDepartment of Agriculture“Collects revenue from covered public lands”Map →

bill_numberSocial Security Trust Fund“Receives deposited revenue”Map →

bill_number42 U.S.C. 401(a)“Reference to Social Security Act”Map →

Analysis Score

0–100

Significance75
How much this matters to a regular citizen
Controversy40
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz25
Current news / social attention level