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HR.4219 117th Congress

To amend the Mineral Leasing Act to adjust the royalty rates for leases for coal mining and oil and gas extraction on Federal land, and for other purposes.

Status
Dead
Official Source
Investability
44/100
Stage
COMMITTEE
Related Bills
0
Full Text
1,358 chars
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No
Summary
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117 HR 4219 IH: To amend the Mineral Leasing Act to adjust the royalty rates for leases for coal mining and oil and gas extraction on Federal land, and for other purposes. U.S. House of Representatives 2021-06-29 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 117th CONGRESS 1st Session H. R. 4219 IN THE HOUSE OF REPRESENTATIVES June 29, 2021 Ms. Cheney introduced the following bill; which was referred to the Committee on Natural Resources A BILL To amend the Mineral Leasing Act to adjust the royalty rates for leases for coal mining and oil and gas extraction on Federal land, and for other purposes. 1. Adjustments to royalty rates from mineral leasing (a) Coal leasing rates Section 7(a) of the Mineral Leasing Act ( 30 U.S.C. 207(a) ) is amended— (1) by striking less than 12 1/2 per centum and inserting more than 12.5 percent ; and (2) by striking , except the Secretary may determine a lesser amount in the case of coal recovered by underground mining operations . (b) Oil and gas leasing rates Section 17(b)(1)(A) of the Mineral Leasing Act ( 30 U.S.C. 226(b)(1)(A) ) is amended— (1) by striking not less than ; and (2) by inserting except in a case in which a different rate is established pursuant to section 31 after sold from the lease .
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