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HR 945 114th Congress House Energy Energy revenues and royalties Intergovernmental relations Mining Oil and gas State and local finance

State Mineral Revenue Protection Act

Introduced: February 12, 2015 Introduced by: Lummis, Cynthia M. Republican · Wyoming See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 16, 2015
Referred to the Subcommittee on Energy and Mineral Resources.
Feb 12, 2015
Referred to the House Committee on Natural Resources.
Feb 12, 2015
Introduced in House
 Plain-English summary Congressional Research Service

State Mineral Revenue Protection Act

Amends the Mineral Leasing Act to direct the Secretary of the Interior, on the request of a state (other than Alaska) and in lieu of any payments to the state under the Federal Oil and Gas Royalty Management Act of 1982 (FOGRMA), to convey to the state all right, title, and interest in and to the percentage specified in the FOGRMA for that state of all amounts otherwise required to be paid into the Treasury from sales, bonuses, royalties (including interest charges), and rentals for all public land or deposits located in the state. (Current law requires payment to a state of 50% of all money derived from such sales, bonuses, royalties, and rentals.)

Requires any person, after a conveyance under this Act, to pay directly to the state any amount the person owes for which the right, title, and interest has been conveyed to the state.

Requires the Secretary to provide prompt notice of any such conveyance, and the duty to make direct payments to the state involved, to each holder of a lease of public land to which this Act applies.

What's happening now March 16, 2015

Referred to the Subcommittee on Energy and Mineral Resources.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 1 Republican 1