US Congress House Bill 1462 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on March 12 2009 - 25% progression, died in committee
Action: 2009-03-16 - Referred to the Subcommittee on Energy and Mineral Resources.
Pending: House Subcommittee on Energy and Mineral Resources Committee
Text: Latest bill text (Introduced) [PDF]

Study of Ways to Improve the Accuracy of the Collection of Federal Oil, Condensate, and Natural Gas Royalties Act of 2009 - Directs the Secretary of the Interior to arrange with the National Academy of Engineering to study and report to the Secretary regarding whether the accuracy of collection of royalties on production of oil, condensate, and natural gas under leases of federal lands (including submerged, deep water, and Indian lands) would be improved by implementing certain prescribed measures. Requires the Secretary to award a contract under which the contractor shall: (1) compare royalty payments made under federal oil and gas lease provisions for covered lands against data supplied to the Federal Energy Regulatory Commission (FERC); (2) make such comparison retroactive to June 1, 1974; (3) determine whether the correct production standard volume and heating content analysis was used to calculate such payments; and (4) determine whether such payments were adequate under the terms of the oil and gas leases.

Study of Ways to Improve the Accuracy of the Collection of Federal Oil, Condensate, and Natural Gas Royalties Act of 2009

Rep. Shelley Berkley [D-NV]	Rep. John Conyers [D-MI]	Rep. Raul Grijalva [D-AZ]	Rep. Maurice Hinchey [D-NY]
Rep. Carolyn Maloney [D-NY]

Date	Chamber	Action
2009-03-16		Referred to the Subcommittee on Energy and Mineral Resources.
2009-03-12		Referred to the House Committee on Natural Resources.
2009-03-12		Sponsor introductory remarks on measure. (CR E657-658)

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/1462/all-info
Text	https://www.congress.gov/111/bills/hr1462/BILLS-111hr1462ih.pdf