arrow_back Trending Legislation
Share share

Changes to Coal, Oil, and Gas Royalty Rates on Federal Lands.

This bill modifies the royalty rates for coal, oil, and gas extraction on federal lands. These changes could impact energy and fuel prices, potentially affecting household budgets. The adjustments may also influence government revenue from natural resource exploitation.
Key points
Increases the minimum royalty rate for coal extraction on federal lands to more than 12.5%.
Removes the option to lower royalty rates for coal extracted through underground mining.
Modifies the rules for setting oil and gas royalty rates, allowing for different rates to be established.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
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.
Print number: HR 4219
Sponsor: Rep. Cheney, Liz [R-WY-At Large]
Process start date: 2021-06-29