A bill to amend the Mineral Leasing Act of 1920 to ensure the orderly development of coal, coalbed methane, natural gas, and oil in the Powder River Basin, Wyoming and Montana, and for other purposes.
Requires the Secretary of the Interior (Secretary) to use his authority to encourage expedited development of such resources leased within common areas pursuant to this Act, and that may be lost or bypassed due to the development of another of the resources.
Prescribes implementation guidelines that include: (1) negotiations concerning development priority for certain operations within the Powder River Basin; (2) judicial compensation procedures for assignment of development priority; and (3) credit against royalties for certain payments by lease holders.
Denies the use of this Act as precedent in any court proceeding involving mineral development outside any common area either within or outside the Power River Basin.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S14733-14734)
Read twice and referred to the Committee on Energy and Natural Resources.
Committee on Energy and Natural Resources Subcommittee on Forests and Public Land Management. Hearings held. With printed Hearing: S.Hrg. 106-507.
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 by Senator Murkowski with an amendment and an amendment to the title. With written report No. 106-490. Minority views filed.
Committee on Energy and Natural Resources. Reported by Senator Murkowski with an amendment and an amendment to the title. With written report No. 106-490. Minority views filed.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 939.
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