US SB1267 | 2017-2018 | 115th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on May 25 2017 - 25% progression, died in committee
Action: 2017-05-25 - Read twice and referred to the Committee on Energy and Natural Resources.
Pending: Senate Energy And Natural Resources Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 25 2017 - 25% progression, died in committee
Action: 2017-05-25 - Read twice and referred to the Committee on Energy and Natural Resources.
Pending: Senate Energy And Natural Resources Committee
Text: Latest bill text (Introduced) [PDF]
Summary
State Mineral Revenue Protection Act This bill amends the Mineral Leasing Act to provide a mechanism for states to receive their entitled percentage of sales, bonuses, royalties, and rentals for all public land or deposits located in the state. The bill eliminates the 2% fee that the federal government currently deducts from a state's entitled share to cover administrative or other costs. On request of a state, the Department of the Interior must convey to the state their entitled percentage of all right, title, and interest for all public land or deposits located in the state. Interior must provide prompt notice of any such conveyance and the duty of the leaseholder to make direct payments to the state.
Title
State Mineral Revenue Protection Act
Sponsors
Sen. Michael Enzi [R-WY] | Sen. John Barrasso [R-WY] | Sen. Orrin Hatch [R-UT] | Sen. Cory Gardner [R-CO] |
Sen. Tom Udall [D-NM] |
History
Date | Chamber | Action |
---|---|---|
2017-05-25 | Senate | Read twice and referred to the Committee on Energy and Natural Resources. |
Same As/Similar To
HB2661 (Same As) 2017-09-06 - Subcommittee Hearings Held.
Subjects
Energy
Energy revenues and royalties
Intergovernmental relations
Mining
Oil and gas
State and local finance
Energy revenues and royalties
Intergovernmental relations
Mining
Oil and gas
State and local finance
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/1267/all-info |
Text | https://www.congress.gov/115/bills/s1267/BILLS-115s1267is.pdf |