Bill > HR998

Introduced Session

To amend the Mineral Leasing Act to require the Secretary of the Interior to convey to a State all right, title, and interest in and to a percentage of the amount of royalties and other amounts required to be paid to the State under that Act with respect to public land and deposits in the State, and for other purposes. 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.

AI Summary

Committee Categories

Liz Cheney (R)*,  Greg Gianforte (R),  Paul Gosar (R),  Duncan Hunter (R),  Mark Meadows (R),  Dan Newhouse (R), 

Referred to the Subcommittee on Energy and Mineral Resources. (on 02/22/2019)

Official Document