H.R. 485 · 109th Congress
Potash Royalty Reduction Act of 2005
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 109th Congress ended.
R
PearceSponsor1 cosponsor · 1 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Feb 1, 2005
- House Passed May 16, 2005
Title I: Potash Royalty Reduction - Potash Royalty Reduction Act of 2005 - (Sec. 102) Sets at 1.0 percent the royalty rate on the quantity or gross value of the output from Federal lands of potassium and potassium compounds from the mineral sylvite at the point of shipment to market in the five-year period beginning on the date of the enactment of this Act.
What it does: CRS summary · Passed House amended · May 16, 2005
Title I: Potash Royalty Reduction - Potash Royalty Reduction Act of 2005 - (Sec. 102) Sets at 1.0 percent the royalty rate on the quantity or gross value of the output from Federal lands of potassium and potassium compounds from the mineral sylvite at the point of shipment to market in the five-year period beginning on the date of the enactment of this Act.
Prescribes implementation guidelines under which fifty percent of such royalties, together with interest earned from the date of payment, shall be paid by the Secretary of the Treasury to the payor of the royalties to be used solely for land reclamation purposes.
Instructs the Secretary of the Interior to report to Congress on the effects of the royalty reduction, including a recommendation on whether the reduced royalty rate for potassium from sylvite should apply after the end of the five-year period.
Title II: Soda Ash Royalty Reduction - Soda Ash Royalty Reduction Act of 2005 - (Sec. 202) Sets at 2.0 percent the royalty rate on the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market from Federal land in the five-year period beginning on the date of the enactment of this Act.
Instructs the Secretary of the Interior to report to Congress on the effects of the royalty reduction, including: (1) the amount of sodium compounds and related products at the point of shipment to market from Federal land at the end of the four-year period beginning on the date of the enactment of this Act; (2) the number of jobs created or maintained during the royalty reduction period; (3) the total amount of royalty paid to the United States on the quantity or gross value of the output of sodium compounds and related products at the point of shipment to market produced during that four year period, and the portion of such royalty paid to States; and (4) a recommendation of whether the reduced royalty rate should apply after the end of the five-year period beginning on the date of the enactment of this Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Potash Royalty Reduction Act of 2005
Latest action (May 17, 2005): Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Policy area: Public Lands and Natural Resources · Origin: House · Introduced: Feb 1, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Feb 1, 2005
- House Passed May 16, 2005
No recorded floor vote found.