US HB1555

Eliminates federal drilling permit requirements for oil and gas operations on non-federal surface land where the U.S. owns less than 50% of the subsurface mineral estate, requiring only submission of a state permit to the Secretary of the Interior

Exempts qualifying oil and gas activities from environmental review under the National Environmental Policy Act (NEPA), the National Historic Preservation Act, and Section 7 of the Endangered Species Act

Allows drilling operations to begin 30 days after submitting the state permit to the Secretary, with no additional federal action required

Preserves federal royalty collection authority and the Secretary's ability to conduct audits, inspections, and collect civil penalties under the Federal Oil and Gas Royalty Management Act of 1982

Explicitly excludes Indian lands from the bill's provisions, including reservations, pueblos, rancherias, and trust lands held for tribes or individual Indians