US HB5176 | 2013-2014 | 113th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on July 23 2014 - 25% progression, died in chamber
Action: 2014-12-22 - Placed on the Union Calendar, Calendar No. 535.
Text: Latest bill text (Introduced) [PDF]

Summary

Authorizes the Secretary of the Interior to retire any coal preference right lease application for which an affirmative commercial quantities determination has been made, by issuing bidding rights in exchange for relinquishment of the application, including payment to the relevant state of 50% of the dollar amount of any bidding right subsequently used in lieu of any monetary payment of a bonus in a coal lease sale or of rental or royalty under a federal coal lease. Requires the Secretary to make such payments from revenues received under federal mineral leases. Declares such bidding rights to be fully transferable to any other person. Terminates a bidding right five years from its date of issue, not counting any period in which exercise of the bidding right is precluded by temporary injunctive relief granted under, or administrative, legislative, or judicial suspension of, the federal coal leasing program.

Tracking Information

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Title

To authorize the Secretary of the Interior to retire coal preference right lease applications for which the Secretary has made an affirmative commercial quantities determination, and for other purposes.

Sponsors


History

DateChamberAction
2014-12-22HousePlaced on the Union Calendar, Calendar No. 535.
2014-12-22HouseReported by the Committee on Natural Resources. H. Rept. 113-704.
2014-11-19HouseOrdered to be Reported by Unanimous Consent.
2014-11-19HouseCommittee Consideration and Mark-up Session Held.
2014-11-19HouseSubcommittee on Energy and Mineral Resources Discharged.
2014-09-17HouseSubcommittee Hearings Held.
2014-07-30HouseReferred to the Subcommittee on Energy and Mineral Resources.
2014-07-23HouseReferred to the House Committee on Natural Resources.

Subjects


US Congress State Sources


Bill Comments

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