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United States · Bill · HR

H.R. 4984 (108th)

Potash Royalty Reduction Act of 2004

openUnited States· United States Congress· EN

Introduced

22 July 2004

Last action

Status

Placed on the Union Calendar, Calendar No. 457.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Potash Royalty Reduction Act of 2004 - States that for a five-year period the royalty rate on the quantity or gross value of the output from Federal lands of potassium and potassium compounds from the mineral sylvite at the point of shipment to market shall be 1.0 percent. Prescribes implementation guidelines under which fifty percent of such royalties, together with interest earned from the date of payment, shall be paid by the Secretary of the Treasury to the payor of the royalties to be used solely for land reclamation purposes.

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Documents

6 official files

Reported in House (text)

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