A bill to amend the Mineral Leasing Act to eliminate an administrative fee, and for other purposes.
Restoring State Mineral Revenues Act
This bill increases payments states receive for specified revenue generated from oil, gas, geothermal steam, coal, and certain other natural resources on onshore federal land. Specifically, the bill eliminates the 2% administrative fee that the Bureau of Land Management currently deducts from a state's payment for such natural resources developed within the state.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
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