A bill to amend section 7 of the Mineral Leasing Act governing Federal coal lease royalty rates.
Consumer Coal Royalty Rate Amendment Act of 1989 - Amends the Mineral Lands Leasing Act to reduce the royalty rate for pre-March 1, 1989, Federal coal lease contracts from 12 1/2 percent to six percent.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Referred to Subcommittee on Mineral Resources Development.
Committee on Energy and Natural Resources requested executive comment from Department of the Interior, and Office of Management and Budget.
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