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US S546

American Soda Ash Competitiveness Act


summary

Introduced
03/07/2017
In Committee
03/07/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

American Soda Ash Competitiveness Act This bill sets at 2%, for a five-year period, the royalty rate on the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market from federal land.

AI Summary

This bill, the American Soda Ash Competitiveness Act, sets the royalty rate on the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market from federal land at 2% for a five-year period, notwithstanding the higher royalty rates typically required under existing laws. This is intended to temporarily reduce the royalty costs for soda ash production on federal lands in order to improve the competitiveness of the American soda ash industry.

Committee Categories

Agriculture and Natural Resources

Sponsors (22)

Last Action

Read twice and referred to the Committee on Energy and Natural Resources. (on 03/07/2017)

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