S.Amdt. 5157
What it does: Adds SEC. __. TERMINATION OF AUTHORITY TO DEDUCT AMOUNTS FROM SHARE OF OIL AND GAS LEASING REVENUES PROVIDED TO STATES wherever appropriate
Sen. Michael B. Enzi (R-WY)What it changes
1 change to S. 3268
Adds SEC. __. TERMINATION OF AUTHORITY TO DEDUCT AMOUNTS FROM SHARE OF OIL AND GAS LEASING REVENUES PROVIDED TO STATES wherever appropriate
Adds a sectionInserted: SEC. __. TERMINATION OF AUTHORITY TO DEDUCT AMOUNTS FROM SHARE OF OIL AND GAS LEASING REVENUES PROVIDED TO STATES.
Inserted: (a) In General.--Effective December 26, 2007, the matter under the heading "administrative provisions" under the heading "Minerals Management Service" of title I of the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 (Subdivision F of Public Law 110-161; 121 Stat. 2109) is amended by striking the second undesignated paragraph.
Inserted: (b) Administration.--Notwithstanding any other provision of law, the Secretary of the Treasury and the Secretary of the Interior shall not deduct any amount from or reduce the amount of payments otherwise payable to States under section 35 of the Mineral Leasing Act (30 U.S.C. 191).
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Original wording
At the appropriate place, insert the following:
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As printed
SA 5157. Mr. ENZI (for himself and Mr. Barrasso) submitted an amendment intended to be proposed by him to the bill S. 3268, to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes; which was ordered to lie on the table; as follows;
At the appropriate place, insert the following:
SEC. __. TERMINATION OF AUTHORITY TO DEDUCT AMOUNTS FROM SHARE OF OIL AND GAS LEASING REVENUES PROVIDED TO STATES.
(a) In General.--Effective December 26, 2007, the matter under the heading “administrative provisions” under the heading “Minerals Management Service” of title I of the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 (Subdivision F of Public Law 110-161; 121 Stat. 2109) is amended by striking the second undesignated paragraph.
(b) Administration.--Notwithstanding any other provision of law, the Secretary of the Treasury and the Secretary of the Interior shall not deduct any amount from or reduce the amount of payments otherwise payable to States under section 35 of the Mineral Leasing Act (30 U.S.C. 191).
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Senate amendment submitted
July 24, 2008