An amendment to raise the royalty that the bill imposes on hardrock minerals mined on federal public lands from 8% to 12.5% of gross income. The amendment also stipulates that the royalty would apply to both new and existing mining claims.

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Amendment Number
888
Description
An amendment to raise the royalty that the bill imposes on hardrock minerals mined on federal public lands from 8% to 12.5% of gross income. The amendment also stipulates that the royalty would apply to both new and existing mining claims.
Purpose
Amendment sought to raise the royalty that the bill imposes on hardrock minerals mined on federal public lands from 8% to 12.5% of gross income; and provide that the royalty would apply to both new and existing mining claims.
Congress
102
Type
HAMDT
Latest Action Date
Oct 4, 1992
Latest Action Text
On agreeing to the DeFazio amendment (A001) Failed by recorded vote: 161 - 237 (Roll no. 467).
Latest Action Time
18:32:46
Submitted Date
Oct 4, 1992
Chamber
House of Representatives
Update Date
Jun 7, 2021
Amendment 888 — Informed