H.R. 5513 · 111th Congress
Spilled Oil Royalty Collection Act
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
PingreeSponsor7 cosponsors · 7 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Spilled Oil Royalty Collection Act - Amends the Outer Continental Shelf Lands Act to declare that any royalty under an oil and gas lease on submerged lands of the outer Continental Shelf, except a deepwater lease, shall apply to all oil that is saved, removed, sold, or discharged, without regard to whether any of the oil is unavoidably lost or used on, or…
What it does: CRS summary · Introduced in House · Jun 10, 2010
Spilled Oil Royalty Collection Act - Amends the Outer Continental Shelf Lands Act to declare that any royalty under an oil and gas lease on submerged lands of the outer Continental Shelf, except a deepwater lease, shall apply to all oil that is saved, removed, sold, or discharged, without regard to whether any of the oil is unavoidably lost or used on, or for the benefit of, the lease.
Declares that: (1) royalty shall apply to all oil discharged under a deepwater lease, at a rate of not less than 12.5% fixed by the Secretary of the Interior in amount or value of any oil that is discharged; and (2) such royalty shall apply without regard to whether any of the oil is thereafter unavoidably lost.
Declares April 15, 2010, the effective date of this Act (five days before the Deepwater Horizon drilling rig explosion in the Gulf of Mexico).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Spilled Oil Royalty Collection Act
Latest action (Jun 15, 2010): Referred to the Subcommittee on Energy and Mineral Resources.
Policy area: Energy · Origin: House · Introduced: Jun 10, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.