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S 1267 115th Congress Senate Energy Energy revenues and royalties Intergovernmental relations Mining Oil and gas State and local finance

State Mineral Revenue Protection Act

Introduced: May 25, 2017 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2017
Read twice and referred to the Committee on Energy and Natural Resources.
May 25, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now May 25, 2017

Read twice and referred to the Committee on Energy and Natural Resources.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1