S 451

Restoring State Mineral Revenues Act

Summary

Restoring State Mineral Revenues Act This bill increases payments states receive for specified revenue generated from oil, gas, geothermal steam, coal, and certain other natural resources on onshore federal land. Specifically, the bill eliminates the 2% administrative fee that the Bureau of Land Management currently deducts from a state's payment for such natural resources developed within the state.

Bill status

Status
In committee
Sponsor
Sen. Steve Daines [R-MT]
Cosponsors
6
Policy area
Energy
Introduced
2025-02-06
Latest action
2025-12-02: Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.

Committee referrals

Recent actions

  • 2025-12-02: Committee on Energy and Natural Resources Subcommittee on Public Lands, Forests, and Mining. Hearings held.
  • 2025-02-06: Read twice and referred to the Committee on Energy and Natural Resources.
  • 2025-02-06: Introduced in Senate