Study of Ways to Improve the Accuracy of the Collection of Federal Oil, Condensate, and Natural Gas Royalties Act of 2007

To provide for a study by the National Academy of Engineering regarding improving the accuracy of collection of royalties on production of oil, condensate, and natural gas under leases of Federal lands and Indian lands, and for other purposes.

1/12/2007--Introduced.
Study of Ways to Improve the Accuracy of the Collection of Federal Oil, Condensate, and Natural Gas Royalties Act of 2007 - Directs the Secretary of the Interior to arrange with the National Academy of Engineering to study and report to the Secretary regarding whether the accuracy of collection of royalties on production of oil, condensate, and natural gas under leases of federal lands (including submerged, deep water, and Indian lands) would be improved by implementing certain prescribed measures. Requires the Secretary to award a contract under which the contractor shall:
(1) compare royalty payments made under federal oil and gas lease provisions for covered lands against data supplied to the Federal Energy Regulatory Commission;
(2) make such comparison retroactive to June 1, 1974;
(3) determine whether the correct production standard volume and heating content analysis was used to calculate such payments; and
(4) determine whether such payments were adequate under the terms of the oil and gas leases.


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Sponsor

• Rep. Carolyn Maloney [D, NY-14]
• and 4 Co-Sponsors
  • Rep. Shelley Berkley [D, NV-1]
  • Rep. John Conyers [D, MI-14]
  • Rep. Raul Grijalva [D, AZ-7]
  • Rep. Maurice Hinchey [D, NY-22]
  close

Committees

• House Natural Resources
• 1 more
  • House Natural Resources
  close

Amendments

This bill has no amendments.

Amendments to H.R.435

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
January 12, 2007

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All Bill Actions

• Feb 20, 2007: Referred to the Subcommittee on Energy and Mineral Resources.
• Jan 12, 2007: Referred to the House Committee on Natural Resources.
• Jan 12, 2007: Sponsor introductory remarks on measure. (CR E105)
• Introduced on Jan 12, 2007.
• Jan 12, 2007: Introductory remarks on measure. (CR E105)

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Related Issue Areas:

• Public lands
• Air pollution
• Air pollution control
• Budgets
• 31 more
• Business
• Carbon dioxide
• Carcinogens
• Collection of accounts
• Criminal justice
• Energy
• Energy storage
• Environmental protection
• Fines (Penalties)
• Gas industry
• Gas pipelines
• Government information
• Government paperwork
• Governmental investigations
• Hazardous substances
• Helium
• Indian lands
• Indians
• Law
• Marketing
• Minorities
• Natural resources
• Nitrogen
• Oil and gas leases
• Oil and gas royalties
• Petroleum industry
• Public contracts
• Sulphur
• Transportation
• Energy transportation
• Pipelines

Data from the Congressional Research Service

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In the News

January 26, 2007 Maloney Pushes Bill to Ensure Accuracy of Oil Royalties Collections

Carolyn Maloney (NY-14) is touting legislation she recently reintroduced (HR 435) that would help ensure that the federal government uses the most accurate ...

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Source: LoHo 10002, NY

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Blog Coverage

August 20, 2008 VetVoice:: New VoteVets Ad

(H.R. 435, Introduced 2/6/01). • Bob supported the Fiscal Year 2003 Defense Authorization Bill which provided for concurrent receipt of military retired pay and veterans' disability benefits for any retiree who had been wounded by enemy ...

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September 04, 2007 600 Båter i Sjøen : Havna.com

Hansvik 950 Sport Cruiser Fly (Hansvik AS). Hav 27 NYHET! (havboat as). Highperformance 145 (Highperformance Boatyard AS). Highperformance 260 Offshore (Highperformance Boatyard AS). HR 435 Höga Rodd (Son Marina AS) ...

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Source: www.havna.com - www.havna.com/Artikler

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July 29, 2007 This shows what is wrong with the current tax system.

(Introduced in House)[HR435.IH ] 320 . [107th] To amend the Internal Revenue Code of 1986 to freeze the highest Federal income tax rate at 38.6 percent. (Introduced in Senate)[S.1927.IS ] 321 . [109th] Taxpayer Abuse Prevention Act ...

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Source: What the bleap? Bleap - Bleap - Bleap!!

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