H.R. 34 (119th)Bill Overview

LASSO Act

Public Lands and Natural Resources|Government trust fundsPublic Lands and Natural Resources
Cosponsors
Support
Republican
Introduced
Jan 3, 2025
Discussions
Bill Text
Current stageCommittee

Referred to the Subcommittee on Forestry and Horticulture.

Introduced
Committee
Floor
President
Law
Congressional Activities
01 · The brief
Plain-English summaryWhat this bill actually does

The bill requires that each fiscal year 10 percent of amounts collected by the Department of the Interior and the Department of Agriculture from revenue generated by covered public lands in the prior fiscal year be deposited into the Federal Old-Age and Survivors Trust Fund (Social Security). Covered public lands include lands under DOI jurisdiction (including Outer Continental Shelf submerged lands) and Forest Service lands.

Why people may split

Liberals worry about conservation and land-management funding impacts.

Watch point

Relative to its intended legislative type, this bill clearly establishes a single, concrete fiscal rule (deposit 10% of certain public‑land revenues into the Social Security Trust Fund) and provides minimal limiting language and definitions.

The bill requires that each fiscal year 10 percent of amounts collected by the Department of the Interior and the Department of Agriculture from revenue generated by covered public lands in the prior fiscal year be deposited into the Federal Old-Age and Survivors Trust Fund (Social Security).

Covered public lands include lands under DOI jurisdiction (including Outer Continental Shelf submerged lands) and Forest Service lands.

The bill bars the Interior or Agriculture Secretaries from raising prices to generate that revenue and prohibits reducing amounts made available to States, Indian Tribes, territories, or local governments from covered public lands.

Passage35/100

Narrow and administrable but politically charged funding change; lacks offsets, CBO estimate, and may face ideological resistance.

CredibilityPartially aligned

Relative to its intended legislative type, this bill clearly establishes a single, concrete fiscal rule (deposit 10% of certain public‑land revenues into the Social Security Trust Fund) and provides minimal limiting language and definitions. It omits several implementation, budgetary, and oversight details that would commonly be expected for a substantive change that alters the disposition of federal revenues.

Contention50/100

Liberals worry about conservation and land-management funding impacts.

02 · What it does

Who stands to gain, and who may push back.

Likely benefits vs burdens50% / 50%
Likely helpedFederal agencies

These are examples from the analysis, not a ranked list of the most-affected groups.

Likely helped
  • Potential benefitDirectly increases annual deposits to the Social Security Trust Fund by 10% of covered public land revenue.
  • Potential benefitProvides a non-payroll revenue source that could modestly improve Social Security long-term finances.
  • Potential benefitCreates a predictable, statutory revenue stream separate from general fund appropriations.
Likely burdened
  • Federal agenciesMay reduce federal agencies' discretionary receipts available for land management or conservation programs.
  • Potential burdenCould conflict with existing Outer Continental Shelf revenue-sharing and other statutory allocation schemes.
  • Potential burdenImposes administrative tracking and transfer requirements on Interior and Agriculture departments.
03 · Why people split

Why the argument around this bill splits.

Liberals worry about conservation and land-management funding impacts.
Progressive55%

Likely supportive of strengthening Social Security funding in principle, but cautious about diverting public-lands revenue from conservation and land management.

Concerned that agency budgets or conservation programs could indirectly lose funding despite the stated protections for state or tribal shares.

Would seek guarantees that land stewardship and environmental programs are not weakened.

Split reaction
Centrist65%

Pragmatic view: appreciates a non-payroll revenue stream to shore up Social Security but worries about budget mechanics and unintended consequences.

Wants clarity on how this interacts with existing revenue-sharing, agency offsetting receipts, and federal budgeting.

Likely to support if scoring shows net benefit without program cuts.

Split reaction
Conservative70%

Likely views the bill favorably as a way to strengthen Social Security without higher payroll taxes.

Some conservatives may object to any earmarking of federal receipts, but many will see repurposing public-lands revenue as reasonable.

Concerns could arise about expanded federal accounting or constraints on state/local revenue sharing despite protections.

Leans supportive
04 · Can it pass?

The path through Congress.

Introduced

Reached or meaningfully advanced

Committee

Reached or meaningfully advanced

Floor

Still ahead

President

Still ahead

Law

Still ahead

Passage likelihood35/100

Narrow and administrable but politically charged funding change; lacks offsets, CBO estimate, and may face ideological resistance.

Scope and complexity
52%
Scopemoderate
24%
Complexitylow
Why this could stall
  • Total annual revenue available from covered lands is unspecified
  • No CBO score or fiscal estimate included
05 · Recent votes

Recent votes on the bill.

No vote history yet

The bill has not accumulated any surfaced votes yet.

06 · Go deeper

Go deeper than the headline read.

Included on this page

Liberals worry about conservation and land-management funding impacts.

Narrow and administrable but politically charged funding change; lacks offsets, CBO estimate, and may face ideological resistance.

Unlocked analysis

Relative to its intended legislative type, this bill clearly establishes a single, concrete fiscal rule (deposit 10% of certain public‑land revenues into the Social Security Trust Fund) and provides minimal limiting lan…

Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.

Perspective breakdownsPassage barriersLegislative design reviewStakeholder impact map
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