Restoring State Mineral Revenues Act
State Mineral Revenues: Ending a Federal Administrative Fee
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- Congress would remove a federal administrative fee tied to mineral leasing on federal lands.
- States that receive a share of oil, gas, coal, and geothermal royalties could keep more of that money instead of it being reduced by the fee.
- Companies that lease federal minerals may see fewer fee-related charges connected to managing and paying these revenues.
- The bill also updates related laws to remove cross-references to the deleted fee, so the rules stay consistent.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
Read twice and referred to the Committee on Energy and Natural Resources.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Restoring State Mineral Revenues Act
Data Sources
Sponsor
Cosponsors
(6)Analysis generated by AI. Always verify with official sources.