To amend the Mineral Leasing Act to require the Secretary of the Interior to convey to a State all right, title, and interest in and to a percentage of the amount of royalties and other amounts required to be paid to the State under that Act with respect to public land and deposits in the State, and for other purposes.
State Mineral Revenue Protection Act of 2019
This bill increases the percentage that states receive from sales, bonuses, royalties, and rentals for all public land or mineral deposits located in the states by eliminating administrative costs that are deducted from the share allocated to states under current law.
The bill eliminates the 2% fee that the federal government currently deducts from a state's share to cover administrative or other costs.
On request of a state, the Department of the Interior must convey to the state a property interest in the state's share of royalties and other payments from public land or mineral deposits located in the state. Interior must provide prompt notice of any such conveyance and the duty of the leaseholder to make direct payments to the state.
Referred to the Subcommittee on Water, Oceans, and Wildlife.
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced in House
Introduced in House
Referred to the House Committee on Natural Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
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