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H.R. 2661

State Mineral Revenue Protection Act

State Mineral Revenue Protection Act

This bill amends the Mineral Leasing Act to provide a mechanism for states to receive their entitled percentage of sales, bonuses, royalties, and rentals for all public land or deposits located in the state.

The bill eliminates the 2% fee that the federal government currently deducts from a state's entitled share to cover administrative or other costs.

On request of a state, the Department of the Interior must convey to the state their entitled percentage of all right, title, and interest for all public land or 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.

Subcommittee Hearings Held.

Rep. Cheney, Liz [R-WY-At Large](R-WY)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees5actions1related bills5subjects
  1. Committee

    Subcommittee Hearings Held.

    Energy and Mineral Resources Subcommittee
  2. Committee

    Referred to the Subcommittee on Energy and Mineral Resources.

    Energy and Mineral Resources Subcommittee
  3. IntroReferralH11100

    Referred to the House Committee on Natural Resources.

    Natural Resources Committee
  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

State Mineral Revenue Protection Act — Informed