To reduce temporarily the royalty required to be paid for sodium produced on Federal lands, and for other purposes.
Soda Ash Royalty Reduction Act of 2005 - Sets, for a five-year period, the royalty rate on the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market from Federal land at two percent.
Directs the Secretary of the Interior to report to Congress, after four years, on the effects of such royalty reduction, including: (1) the amount of sodium compounds and related products at the point of shipment to market from Federal land during such four-year period; (2) the number of jobs that have been created or maintained during the royalty reduction period; (3) the total amount of royalty paid to the United States on the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market produced during that four-year period, and the portion of such royalty paid to States; and (4) a recommendation of whether the reduced royalty rate should apply after the end of the five-year period beginning on the date of the enactment of this Act.
Became Public Law No: 109-338.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 413.
Introduced in House
Introduced in House
Referred to the House Committee on Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line