Potash Royalty Reduction Act of 2004
To provide that the royalty rate on the output from Federal lands of potassium and potassium compounds from the mineral sylvite in the 5-year period beginning on the date of the enactment of this Act shall be reduced to 1.0 percent, and for other purposes.
Legislative Activity
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Placed on the Union Calendar, Calendar No. 457.
October 6, 2004
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Introduced in House
July 22, 2004
Referred to the House Committee on Resources.
July 22, 2004
Referred to the Subcommittee on Energy and Mineral Resources.
August 2, 2004
Subcommittee on Energy and Mineral Resources Discharged.
September 15, 2004
Committee Consideration and Mark-up Session Held.
September 15, 2004
Ordered to be Reported by Unanimous Consent.
September 15, 2004
Reported by the Committee on Resources. H. Rept. 108-739.
October 6, 2004
Placed on the Union Calendar, Calendar No. 457.
October 6, 2004
Floor Debate
2 membersWhat members said about H.R. 4984 on the floor


Floor Debate
2 membersWhat members said about H.R. 4984 on the floor
Mr. Speaker, I move to suspend the rules and pass the Senate bill (S. 1521) to direct the Secretary of the Interior to convey certain land to the Edward H. McDaniel American Legion Post No. 22 in…
Mr. Speaker, I yield myself such time as I may consume. The legislation we are considering is sponsored by Nevada Senator Harry Reid. Both Committee on Resources ranking member, the gentleman from…
Bill Text
2 versions available
[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4984 Reported in House (RH)]
Union Calendar No. 457
108th CONGRESS
2d Session
H. R. 4984
[Report No. 108-739]
To provide that the royalty rate on the output from Federal lands of
potassium and potassium compounds from the mineral sylvite in the 5-
year period beginning on the date of the enactment of this Act shall be
reduced to 1.0 percent, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 22, 2004
Mr. Pearce introduced the following bill; which was referred to the
Committee on Resources
October 6, 2004
Additional sponsor: Mr. Stenholm
October 6, 2004
Committed to the Committee of the Whole House on the State of the Union
and ordered to be printed
_______________________________________________________________________
A BILL
To provide that the royalty rate on the output from Federal lands of
potassium and potassium compounds from the mineral sylvite in the 5-
year period beginning on the date of the enactment of this Act shall be
reduced to 1.0 percent, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Potash Royalty Reduction Act of
2004''.
SEC. 2. POTASSIUM AND POTASSIUM COMPOUNDS FROM SYLVITE.
(a) Royalty Rate.--Notwithstanding section 102(a)(9) of the Federal
Land Policy and Management Act of 1976 (43 U.S.C. 1701(a)(9)), section
2 of the Act of February 7, 1927 (30 U.S.C. 282) and the term of any
lease issued under such section 2, 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 5-year period beginning on the date of the enactment of this Act
shall be 1.0 percent.
(b) Reclamation Fund.--Fifty percentum of any royalties paid
pursuant to this Act during the 5-year period referred to in subsection
(a), together with any 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 in accordance with a
schedule to implement a reclamation plan for the lands for which the
royalties are paid. No payment shall be made by the Secretary of the
Treasury pursuant to this subsection until the Secretary of the
Interior receives from the payor of the royalties, and approves, the
reclamation plan and schedule, and submits the approved schedule to the
Secretary of the Treasury. The share of royalties held by the Secretary
of the Treasury pursuant to this subsection, and interest earned
thereon, shall be available until paid pursuant to this subsection,
without further appropriation; shall not be considered as money
received under section 35 of the Mineral Leasing Act (30 U.S.C. 191)
for the purpose of revenue allocation; and shall not be reduced by any
administrative or other costs incurred by the United States.
(c) Study and Report.--After the end of the 4-year period beginning
on the date of the enactment of this Act, and before the end of the 5-
year period beginning on that date, the Secretary of the Interior shall
report to the Congress on the effects of the royalty reduction under
this Act, including a recommendation on whether the reduced royalty
rate for potassium from sylvite should apply after the end of the 5-
year period.
Union Calendar No. 457
108th CONGRESS
2d Session
H. R. 4984
[Report No. 108-739]
_______________________________________________________________________
A BILL
To provide that the royalty rate on the output from Federal lands of
potassium and potassium compounds from the mineral sylvite in the 5-
year period beginning on the date of the enactment of this Act shall be
reduced to 1.0 percent, and for other purposes.
_______________________________________________________________________
October 6, 2004
Committed to the Committee of the Whole House on the State of the Union
and ordered to be printed