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HR 2402 115th Congress House Public Lands and Natural Resources Coal Indian lands and resources rights Land transfers Mining New Mexico

San Juan County Settlement Implementation Act

Introduced: May 8, 2017 Introduced by: Luján, Ben Ray Democratic · New Mexico See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 4, 2017
Subcommittee Hearings Held.
May 16, 2017
Referred to the Subcommittee on Indian, Insular and Alaska Native Affairs.
May 16, 2017
Referred to the Subcommittee on Energy and Mineral Resources.
May 8, 2017
Referred to the House Committee on Natural Resources.
May 8, 2017
Introduced in House
 Plain-English summary Congressional Research Service

San Juan County Settlement Implementation Act

This bill provides that if the Department of the Interior retires a coal preference right lease application under the Mineral Leasing Act by issuing a bidding right in exchange for the relinquishment of such application, such bidding right may subsequently be used in lieu of 50% of the amount owed for any monetary payment of: (1) a bonus in a coal lease sale; or (2) rental or royalty under a federal coal lease.

Interior shall calculate a payment of the amounts owed to a relevant state pursuant to such Act based on the combined value of the bidding rights and the amounts received.

Interior shall make such payments to a relevant state from monetary payments received by Interior when bidding rights are exercised pursuant to this bill.

A bidding right issued for a coal preference right lease application under such Act shall be fully transferable to any other person. Such bidding right shall terminate seven years after it is issued.

The bill cancels specified land selections made by the Navajo Nation pursuant to the Navajo-Hopi Land Settlement Act of 1974 and authorizes such nation to make land selections equal in value to those canceled, subject to an acreage cap, specified land exclusions, and a seven-year deadline.

What's happening now October 4, 2017

Subcommittee Hearings Held.

 Committees of jurisdiction 3