Soda Ash Funding for Education Act of 2020
This bill requires the payment to the Treasury of royalties collected on the quantity or gross value of the output of sodium compounds and related products from federal land.
Of the funds deposited in the Treasury, the Department of the Treasury shall (1) disburse 50% to the state within which such leased federal land is located, and (2) deposit 50% in the Soda Ash Education Equalization Fund established by this bill.
The fund shall be administered by the Department of Education (ED) to provide resources to local educational agencies impacted by changes in sodium royalty rates or changes in soda ash production levels.
ED shall use amounts available in the fund to provide grants to local school districts that meet specified conditions.
Introduced in House
Introduced in House
Referred to the Committee on Natural Resources, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Natural Resources, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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