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HR 998 116th Congress House Energy Energy revenues and royalties Intergovernmental relations Mining Oil and gas State and local finance

State Mineral Revenue Protection Act of 2019

Introduced: February 6, 2019 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
Feb 22, 2019
Referred to the Subcommittee on Energy and Mineral Resources.
Feb 6, 2019
Referred to the House Committee on Natural Resources.
Feb 6, 2019
Introduced in House
 Plain-English summary Congressional Research Service

State Mineral Revenue Protection Act of 2019

This bill increases the percentage that states receive from sales, bonuses, royalties, and rentals for all public land or mineral deposits located in the states by eliminating administrative costs that are deducted from the share allocated to states under current law.

The bill eliminates the 2% fee that the federal government currently deducts from a state's share to cover administrative or other costs.

On request of a state, the Department of the Interior must convey to the state a property interest in the state's share of royalties and other payments from public land or mineral 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 February 22, 2019

Referred to the Subcommittee on Energy and Mineral Resources.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Republican 2