A bill to require the Secretary of Energy to raise rates for Federal hydroelectric power to speed debt repayment for power projects, to increase domestic livestock grazing fees, to require a royalty for the production of locatable minerals from Federal lands, and for other purposes.

Summary

Amends the Flood Control Act to mandate that all moneys received from the sale of electric power and energy generated at Federal hydroelectric power projects be deposited in the Treasury through uniform annual payments that consist of equal amounts of principal and interest and that reflect a commencement of payments for each project with the first year in which electric power and energy is delivered to the Secretary of Energy from the project. Amends the Federal Land Policy and Management Act to direct the Secretaries of Agriculture and of the Interior to establish an annual domestic livestock grazing fee according to a prescribed formula for certain lands under their respective jurisdictions. Subjects certain locatable minerals and mineral concentrates to a minimum royalty of at least 12.5 percent of the gross income from production.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 7 April 1993

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 7 April 1993

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• Introduced in Senate

  summary · EN · 7 April 1993

  Open at official source

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