Library / Laws / 114th / s / S. 2031 / Introduced in Senate
II
114th CONGRESS
1st Session
S. 2031
IN THE SENATE OF THE UNITED STATES
September 15, 2015Mr. Barrasso (for himself, Mr. Wyden, Mr. Enzi, and Mr. Merkley) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources
A BILL
To reduce temporarily the royalty required to be paid for sodium produced on Federal lands, and for
other purposes.
1.
Short title
This Act may be cited as the American Soda Ash Competitiveness Act.
2.
Reduction in royalty rate on soda ash
Notwithstanding section 102(a)(9) of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1701(a)(9)), section 24 of the Mineral Leasing Act (30 U.S.C. 262), and the terms of any lease under that Act, the royalty rate on the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market from Federal land in the 5-year period beginning on the date of enactment of this Act shall be 2 percent.