The Offshore Leasing Standards and Accountability Act of 2026 amends the Outer Continental Shelf Lands Act to establish fitness to operate standards.

The Offshore Leasing Standards and Accountability Act of 2026 amends the Outer Continental Shelf Lands Act to establish fitness to operate standards and decommissioning escrow accounts for offshore oil and gas operators. The Secretary of the Interior must certify a recipient responsible party as fit to operate based on compliance with environmental and safety laws, financial capacity, and other criteria. The Secretary may not issue, extend, or approve the transfer of a lease unless the recipient responsible party is certified.

The Offshore Leasing Standards and Accountability Act of 2026 amends the Outer Continental Shelf Lands Act to establish fitness to operate standards.

The Offshore Leasing Standards and Accountability Act of 2026 amends the Outer Continental Shelf Lands Act to establish fitness to operate standards and decommissioning escrow accounts for offshore oil and gas operators. The Secretary of the Interior must certify a recipient responsible party as fit to operate based on compliance with environmental and safety laws, financial capacity, and other criteria. The Secretary may not issue, extend, or approve the transfer of a lease unless the recipient responsible party is certified.