Bill > HR725

This bill, known as the Crow Revenue Act, aims to facilitate a land and mineral rights exchange for the benefit of the Crow Tribe of Montana. It mandates that within 60 days of enactment, the Secretary of the Interior will accept the relinquishment of a specific mineral lease (the Bull Mountains Lease) from its current holder, the Lessee. Simultaneously, the Hope Family Trust will transfer its mineral interests in the Hope Family Tracts, located within the Crow Reservation, to the Crow Tribe. In exchange, the United States will transfer its mineral interests in the Bull Mountains Mineral Tracts to the Hope Family Trust. The mineral interests transferred to the Crow Tribe will be held in trust by the United States and will be exempt from state taxation. Before these transfers, the Crow Tribe must inform the Secretary of an agreement with the Hope Family Trust on how to share any future revenue from the development of the mineral interests being transferred to the Hope Family Trust. Additionally, the bill involves an exchange of surface interests: Musselshell Resources LLC will convey its surface interests in the Musselshell Resources Tracts to the United States, and in return, the United States will transfer its surface interests in the Bull Mountains Surface Tracts to Musselshell Resources LLC. Finally, any federal benefits received by the Crow Tribe under this Act will not affect their eligibility for other existing federal services or programs.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/house-bill/725/all-info