Restoring State Mineral Revenues Act

Bill: 116-s-4311
Sponsor: full_name: Sen. Daines, Steve [R-MT]
Introduced: 2020-07-23
Policy area: Energy
Subjects: Energy revenues and royalties

Mining

State and local finance
Latest action: action_date: 2020-07-23
text: Read twice and referred to the Committee on Energy and Natural Resources.

Summaries:
action_date: 2020-07-23
action_desc: Introduced in Senate
text: <p><b>Restoring State Mineral Revenues Act </b></p> <p>This bill eliminates the 2% fee that the federal government currently deducts from a state's entitled share to cover administrative or other costs under the Mineral Leasing Act.</p>

tv_txt: II 116th CONGRESS 2d Session S. 4311 IN THE SENATE OF THE UNITED STATES July 23, 2020 Mr. Daines (for himself, Mr. Barrasso , and Mr. Cramer ) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To amend the Mineral Leasing Act to eliminate an administrative fee, and for other purposes.

1. Short title This Act may be cited as the Restoring State Mineral Revenues Act . 2. Elimination of an administrative fee under the Mineral Leasing Act (a) In general Section 35 of the Mineral Leasing Act ( 30 U.S.C. 191 ) is amended— (1) in subsection (a), in the first sentence, by striking , subject to the provisions of subsection (b), ; (2) by striking subsection (b); (3) by redesignating subsections (c) and (d) as subsections (b) and (c), respectively; (4) in subsection (b)(3)(B)(ii) (as so redesignated), by striking subsection (d) and inserting subsection (c) ; and (5) in subsection (c)(3)(A)(ii) (as so redesignated), by striking subsection (c)(2)(B) and inserting subsection (b)(2)(B) . (b) Conforming amendments (1) Section 6(a) of the Mineral Leasing Act for Acquired Lands ( 30 U.S.C. 355(a) ) is amended— (A) in the first sentence, by striking Subject to the provisions of section 35(b) of the Mineral Leasing Act ( 30 U.S.C. 191(b) ), all and inserting All ; and (B) in the second sentence, by striking of the Act of February 25, 1920 (41 Stat. 450; 30 U.S.C. 191 ) and inserting of the Mineral Leasing Act ( 30 U.S.C. 191 ) . (2) Section 20(a) of the Geothermal Steam Act of 1970 ( 30 U.S.C. 1019(a) ) is amended in the matter preceding paragraph (1), in the second sentence, by striking the provisions of subsection (b) of section 35 of the Mineral Leasing Act ( 30 U.S.C. 191(b) ) and . (3) Section 205(f) of the Federal Oil and Gas Royalty Management Act of 1982 ( 30 U.S.C. 1735(f) ) is amended by striking the fourth, fifth, and sixth sentences.