Federal Royalty Certainty Act

Summary

Federal Royalty Certainty Act - Amends the Outer Continental Shelf Lands Act and the Mineral Leasing Act regarding oil and gas leases to provide that royalty payments due: (1) in value shall be based upon the value of oil or gas production at the lease in marketable condition; and (2) in amount shall be based upon the royalty share of production at the lease. Provides that if payments in value or amount are calculated from a point away from the lease the lessee shall be allowed reimbursements at a reasonable commercial rate for certain services beyond the lease through the point of disposition or delivery.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 29 April 1999

   Introduced

   Read twice and referred to the Committee on Energy and Natural Resources.

   Source: IntroReferral

2. 29 April 1999

   Introduced

   Sponsor introductory remarks on measure. (CR S4456-4458)

   Source: IntroReferral

3. 29 April 1999

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 18 May 1999

   Committee

   Subcommittee on Energy Research, Development, Production and Regulation. Hearings held. With printed Hearing: S.Hrg. 106-192.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 29 April 1999 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 29 April 1999

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 29 April 1999

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 29 April 1999

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Nickles, Don [R-OK] · R · Sponsor
• Sen. Landrieu, Mary L. [D-LA] · D · Sponsor
• Sen. Murkowski, Frank H. [R-AK] · R · Sponsor
• Sen. Domenici, Pete V. [R-NM] · R · Sponsor
• Sen. Hutchison, Kay Bailey [R-TX] · R · Sponsor
• Sen. Thomas, Craig [R-WY] · R · Cosponsor
• Sen. Gramm, Phil [R-TX] · R · Cosponsor
• Sen. Allard, Wayne [R-CO] · R · Cosponsor
• · sseg00 · Standing

Related records

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