A bill to provide for the expeditious completion of the acquisition of private mineral interests within the Mount St. Helens National Volcanic Monument mandated by the 1982 Act that established the Monument, and for other purposes.
Mount St. Helens National Volcanic Monument Completion Act - Revises existing law to require the Secretary of the Interior to acquire, by exchange, the mineral and geothermal interests of each holder (the Burlington Northern, Incorporated or the Weyerhaeuser Company) in the Mount St. Helens National Volcanic Monument in the State of Washington: (1) within 180 days after enactment of this Act; or (2) as soon as practicable after the U.S. Court of Federal Claims determines the value of the interests to be conveyed by the holder if the Court is petitioned because of the Secretary's failure to make such determination within 180 days after the enactment of this Act or the holder disagrees with the Secretary's valuation (by specified methods) of the mineral and geothermal interests.
Sets forth requirements and administrative procedures for such exchange, including issuance of monetary credits to a holder for payment of not more than 50 percent of: (1) the bonus or other payments made by successful bidders in any sales of mineral, oil, gas, or geothermal leases under the Mineral Leasing Act, the Outer Continental Shelf Lands Act, or the Geothermal Steam Act of 1970; or (2) any royalty, rental, or advance royalty payment made to the United States to maintain any mineral, oil or gas, or geothermal lease issued under such Acts.
Became Public Law No: 105-279.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Referred to Subcommittee on Parks, Preservation and Recreation.
Subcommittee on Parks, Preservation and Recreation. Hearings held. Hearings printed: S.Hrg. 105-377.
Committee on Energy and Natural Resources requested executive comment from Department of the Interior, and Office of Management and Budget.
Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Energy and Natural Resources. Reported to Senate by Senator Murkowski with an amendment in the nature of a substitute. With written report No. 105-229.
Committee on Energy and Natural Resources. Reported to Senate by Senator Murkowski with an amendment in the nature of a substitute. With written report No. 105-229.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 443.
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(consideration: CR S8533-8534)
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line
Passed Senate with an amendment by Unanimous Consent. (consideration: CR S8533-8534)
Received in the House.
Message on Senate action sent to the House.
Referred to the House Committee on Resources.