To amend the Mineral Leasing Act to adjust the royalty rates for leases for coal mining and oil and gas extraction on Federal land, and for other purposes.

Bill: 117-hr-4219
Sponsor: full_name: Rep. Cheney, Liz [R-WY-At Large]
Introduced: 2021-06-29
Policy area: Energy
Latest action: action_date: 2021-07-23
text: Referred to the Subcommittee on Energy and Mineral Resources.

Summaries:
action_date: 2021-06-29
action_desc: Introduced in House
text: <p>This bill revises the royalty rates for leases on federal land to produce coal, oil, and gas. Specifically the bill caps the royalty rate for coal and establishes a royalty rate for oil and gas.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 4219 IN THE HOUSE OF REPRESENTATIVES June 29, 2021 Ms. Cheney introduced the following bill; which was referred to the Committee on Natural Resources A BILL To amend the Mineral Leasing Act to adjust the royalty rates for leases for coal mining and oil and gas extraction on Federal land, and for other purposes.

1. Adjustments to royalty rates from mineral leasing (a) Coal leasing rates Section 7(a) of the Mineral Leasing Act ( 30 U.S.C. 207(a) ) is amended— (1) by striking less than 12 1/2 per centum and inserting more than 12.5 percent ; and (2) by striking , except the Secretary may determine a lesser amount in the case of coal recovered by underground mining operations . (b) Oil and gas leasing rates Section 17(b)(1)(A) of the Mineral Leasing Act ( 30 U.S.C. 226(b)(1)(A) ) is amended— (1) by striking not less than ; and (2) by inserting except in a case in which a different rate is established pursuant to section 31 after sold from the lease .