The LASSO Act would direct 10 percent of annual revenue collected from public lands managed by the Interior Department and Forest Service to be deposited into the Social Security Trust Fund's Old-Age and Survivors account. This revenue comes from various activities on federal lands, such as oil and gas leases, timber sales, and recreation permits. The bill affects Social Security's long-term solvency by creating a new funding source, though it does not specify the total amount expected to be transferred or set a timeline for implementation beyond requiring annual transfers beginning with the next fiscal year. The legislation explicitly prevents the government from raising prices on these revenue-generating activities to increase transfers and requires that existing payments to states, tribes, and local governments remain unchanged. The bill was introduced in December 2024 and referred to the House Natural Resources and Agriculture committees.