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S. 3488

A bill to amend the Mineral Leasing Act to repeal a provision relating to the suspension, waiver, or reduction of rents or royalties by the Secretary of the Interior to promote development or operation, to amend the Outer Continental Shelf Lands Act to limit the authority of the Secretary to reduce or eliminate certain royalties and net profit shares, and for other purposes.

This bill prohibits the Department of the Interior from suspending, waiving, or reducing rents or royalties that the government receives for the production of certain mineral resources (e.g., fossil fuel) on leased public land, including royalties or net profit shares received from oil and gas exploration on the Outer Continental Shelf.

Read twice and referred to the Committee on Energy and Natural Resources.

Sen. Merkley, Jeff [D-OR](D-OR)Sponsor
2 cosponsors1 D1 I
2cosponsors1committees2actions3related bills4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Energy and Natural Resources.

    Energy and Natural Resources Committee
  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Mineral Leasing Act to repeal a provision relating to the suspension, … — Informed