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Restoring State Mineral Revenues Act: Eliminating Administrative Fees

This act removes an administrative fee on mineral revenues, meaning more money from natural resource extraction will stay within state budgets. This could increase funds available for local communities, potentially supporting public services or reducing local financial burdens.
Key points
Eliminates an administrative fee on mineral revenues, increasing funds for states.
More money from natural resource extraction will directly benefit state budgets, potentially impacting local investments.
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Status: Introduced
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Additional Information
Print number: 119_S_451
Sponsor: Sen. Daines, Steve [R-MT]
Process start date: 2025-02-06