1. Short Title This Act may be cited as the Transparency in Energy Production Act of 2020 . 2. Disclosure Requirements (a) Report required for an entity seeking a lease The Secretary shall require any entity seeking a lease to develop covered operations on public land to submit to the Secretary a report, at the time of submission of a bid to develop covered operations. Such report shall— (1) make the disclosures described in the Sustainable Accounting Standard for the Extractives and Minerals Processing Sector and the Renewable Resources and Alternative Energy Sector in effect on the date the report is filed (that is produced by the Sustainability Accounting Standards Board) for the covered operations developed by the entity and in effect at the date of such bid; and (2) disaggregate the information in paragraph 1 by State and by type of covered operation. (b) Report required for an entity holding a lease The Secretary shall require any entity holding a lease to develop covered operations on public land to submit to the Secretary a report annually. Such report shall— (1) make the disclosures described in the Sustainable Accounting Standard for the Extractives and Minerals Processing Sector and the Renewable Resources and Alternative Energy Sector in effect on the date the report is filed (that is produced by the Sustainability Accounting Standards Board); and (2) disaggregate the information in paragraph 1 by State and by type of covered operation. (c) Failure To comply If the Secretary determines that an entity did not meet the requirements of subsection (a), the Secretary— (1) may not issue to such entity a lease for a covered operation