An amendment to change the provisions of the bill which impose a royalty of 8% on gross income of all new and existing hardrock mineral mines located on federal lands. The amendment would impose a 5% royalty on net income of all new and existing mines.

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Amendment Number
889
Description
An amendment to change the provisions of the bill which impose a royalty of 8% on gross income of all new and existing hardrock mineral mines located on federal lands. The amendment would impose a 5% royalty on net income of all new and existing mines.
Purpose
An amendment to change the provisions of the bill which impose a royalty of 8% on gross income of all new and existing hardrock mineral mines located on federal lands. The amendment would impose a 5% royalty on net income of all new and existing mines.
Congress
102
Type
HAMDT
Latest Action Date
Oct 4, 1992
Latest Action Text
Amendment (A002) offered by Mr. Owens (UT).
Latest Action Time
18:52:08
Submitted Date
Oct 4, 1992
Chamber
House of Representatives
Update Date
Jun 7, 2021
Amendment 889 — Informed