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H.R. 5807 · 110th Congress

Oil Shale Reserve Fund Revenue Act

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

Oil Shale Reserve Fund Revenue Act - Requires that any amounts received by the United States, beginning on November 18, 1997, and ending on the date of enactment of this Act, from a lease under provisions relating to certain oil shale reserves be deposited in the U.S. Treasury.

What it does: CRS summary · Introduced in House · Apr 15, 2008

Oil Shale Reserve Fund Revenue Act - Requires that any amounts received by the United States, beginning on November 18, 1997, and ending on the date of enactment of this Act, from a lease under provisions relating to certain oil shale reserves be deposited in the U.S. Treasury.

Requires that 50% of such amounts go to the Secretary of the Interior for the costs of all environmental restoration, waste management, and environmental compliance regarding the remediation of the land transferred under certain existing provisions, including the former Anvil Points oil shale facility in Colorado.

Requires that the remaining 50% go to Garfield, Rio Blanco, Moffat, and Mesa Counties, Colorado, to mitigate the effects of oil and gas development activities within the affected areas. Prohibits counting such funds in calculating payments for the counties under provisions relating to payment for entitlement land.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Oil Shale Reserve Fund Revenue Act

Latest action (Apr 21, 2008): Referred to the Subcommittee on Energy and Mineral Resources.

Policy area: Energy · Origin: House · Introduced: Apr 15, 2008

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.