Providing Opportunity with Energy Revenues in Counties Act or the POWER Counties Act
This bill amends the Mineral Leasing Act to: (1) change from 40% to 20% the percentage of money received from sales, bonuses, royalties including interest charges collected under the Federal Oil and Gas Royalty Management Act of 1982 that is to be paid into the reclamation fund created by the Reclamation Act; and (2) require 20% of such money to be paid to the county within the boundaries of which the leased lands or deposits are or were located and may be used by such county for its schools and roads.
[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3846 Introduced in House (IH)]
<DOC>
115th CONGRESS
1st Session
H. R. 3846
To amend the Mineral Leasing Act to require payment to counties of a
portion of certain revenues received by the United States under Federal
oil and gas leases, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
September 27, 2017
Mr. Johnson of Ohio introduced the following bill; which was referred
to the Committee on Natural Resources
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A BILL
To amend the Mineral Leasing Act to require payment to counties of a
portion of certain revenues received by the United States under Federal
oil and gas leases, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Providing Opportunity With Energy
Revenues in Counties Act'' or the ``POWER Counties Act''.
SEC. 2. PAYMENT TO COUNTIES OF PORTION OF CERTAIN REVENUES RECEIVED BY
THE UNITED STATES UNDER FEDERAL OIL AND GAS LEASES.
(a) In General.--Section 35(a) of the Mineral Leasing Act (30
U.S.C. 191(a)) is amended--
(1) by striking ``40 per centum'' and inserting ``20 per
centum''; and
(2) by inserting ``, and 20 per centum thereof shall be
paid to the county within the boundaries of which the leased
lands or deposits are or were located and may be used by such
county for its schools and roads'' after ``June 17, 1902''.
(b) Conforming Amendment.--Section 35(a) of the Mineral Leasing Act
(30 U.S.C. 191(a)) is amended by striking ``and the Geothermal Steam
Act of 1970,''.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Natural Resources.
Referred to the Subcommittee on Energy and Mineral Resources.
Subcommittee Hearings Held.
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