H.R. 998
Referred to CommitteeState Mineral Revenue Protection Act of 2019
Latest Action
Referred to the Subcommittee on Energy and Mineral Resources.
2/22/2019 • House
Summary
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.
Introduced in House • 2/6/2019
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (6)
Party Breakdown
Sponsor
Cosponsors (5)
Bill Journey
Originated in the House
Introduced
February 6, 2019
Referred to the House Committee on Natural Resources.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law