U.S. Congress legislation · 119th Congress
SB5458: Supply Relief and Domestic Production Cost Reduction Act
Status: In committee, September 22, 2026
A bill to reduce energy supply shortages and consumer fuel costs by lowering production cost barriers for domestic upstream oil and natural gas producers, providing temporary royalty and tax relief during periods of supply stress, streamlining permitting for additional production, encouraging State severance tax relief, and for other purposes.
What the bill says
To reduce energy supply shortages and consumer fuel costs by lowering production cost barriers for domestic upstream oil and natural gas producers, providing temporary royalty and tax relief during periods of supply stress, streamlining permitting for additional production, encouraging State severance tax relief, and for other purposes.
From the introduced text, September 22, 2026:
A BILL To reduce energy supply shortages and consumer fuel costs by lowering production cost barriers for domestic upstream oil and natural gas producers, providing temporary royalty and tax relief during periods of supply stress, streamlining permitting for additional production, encouraging State severance tax relief, and for other purposes. SECTION 1. Short title This Act may be cited as the Supply Relief and Domestic Production Cost Reduction Act . SECTION 2. Purposes The purposes of this Act are-- (1) to increase the availability of domestic crude oil, natural gas, condensate, and natural gas liquids during periods of supply shortage or elevated consumer fuel costs; (2) to reduce (1) Covered energy commodity The term covered energy commodity means crude oil, natural gas, condensate, natural gas liquids, or any other hydrocarbon produced from an oil or gas well in the United States. (2) Covered producer The term covered producer means a person that-- (A) holds a working interest, operating interest, record title interest, operating right, leasehold interest, or other right to explore for, develop, drill, complete, recomplete, work over, produce, or sell a covered energy commodity; and (B) conducts, or proposes to conduct, covered upstream production activity in the United States. (3) Covered upstream production activity The term covered upstream production activity means-- (A) geologic, geophysical, engineering, surveying, staking, site preparation, exploration, …
Sponsors
- Cotton, Tom (R, SD-AR) · primary sponsor
Latest actions
- : Read twice and referred to the Committee on Energy and Natural Resources.
- : Introduced in Senate
Subjects: Energy
Common questions
- What is SB5458?
- SB5458 is a bill in Congress (119th Congress): Supply Relief and Domestic Production Cost Reduction Act.
- What does SB5458 do?
- In its own words: To reduce energy supply shortages and consumer fuel costs by lowering production cost barriers for domestic upstream oil and natural gas producers, providing temporary royalty and tax relief during periods of supply stress, streamlining permitting for additional production, encouraging State severance tax relief, and for other purposes.
- What is the status of SB5458?
- In committee as of September 22, 2026. Latest action: Read twice and referred to the Committee on Energy and Natural Resources. (September 22, 2026).
- Who sponsored SB5458?
- Cotton, Tom (R, SD-AR).
- Where is the official record for SB5458?
- On the Congress website: https://www.congress.gov/bill/119th-congress/senate-bill/5458
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.