Library / Laws / 117th / hr / H.R. 4219 / Introduced in House
I
117th CONGRESS
1st Session
H. R. 4219
IN THE HOUSE OF REPRESENTATIVES
June 29, 2021Ms. 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 121/2 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.