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S 3488 116th Congress Senate Energy Energy revenues and royalties Marine and coastal resources, fisheries Mining Oil and gas

A bill to amend the Mineral Leasing Act to repeal a provision relating to the suspension, waiver, or reduction of rents or royalties by the Secretary of the Interior to promote development or operation, to amend the Outer Continental Shelf Lands Act to limit the authority of the Secretary to reduce or eliminate certain royalties and net profit shares, and for other purposes.

Introduced: March 12, 2020 Introduced by: Merkley, Jeff Democratic · Oregon See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 2020
Read twice and referred to the Committee on Energy and Natural Resources.
Mar 12, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

This bill prohibits the Department of the Interior from suspending, waiving, or reducing rents or royalties that the government receives for the production of certain mineral resources (e.g., fossil fuel) on leased public land, including royalties or net profit shares received from oil and gas exploration on the Outer Continental Shelf.

What's happening now March 12, 2020

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

 Committees of jurisdiction 1