Royalty In-Kind for Energy Assistance Improvement Act of 2006

H.R. 5111, the Royalty In-Kind for Energy Assistance Improvement Act of 2006, would allow the federal government to sell oil and gas collected as "royalties" from energy companies at a significant discount to help fund low-income energy assistance programs. Under this bill, the Secretary of Energy could sell these resources for as little as 50% of their market value, provided the savings are used to support programs like the Low Income Home Energy Assistance Program (LIHEAP). The practical impact for citizens would be an increase in available resources to help low-income households manage the costs of heating and cooling their homes.