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Code · BILL · 113th Congress · H.R. 2 (Placed on Calendar Senate) — To remove Federal Government obstacles to the production of more domestic energy; to ensure transport of that energy... · Sec. 10404

Sec. 10404. Office of Natural Resources revenue

213 words·~1 min read·/bill/113/hr/2/pcs/section-10404

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There is established in the Department of the Interior an Office of Natural Resources Revenue (referred to in this section as the Office ) to be headed by a Director of Natural Resources Revenue (referred to in this section as the Director ). The Director shall be appointed by the Secretary of the Interior. The Director shall be compensated at the rate provided for Level V of the Executive Schedule under section 5316 of title 5, United States Code. The Secretary of the Interior shall carry out, through the Office, all functions, powers, and duties vested in the Secretary and relating to the administration of offshore royalty and revenue management functions.
The Secretary shall carry out, through the Office, all functions, powers, and duties previously assigned to the Minerals Management Service (including the authority to develop, promulgate, and enforce regulations) regarding offshore royalty and revenue collection; royalty and revenue distribution; auditing and compliance; investigation and enforcement of royalty and revenue regulations; and asset management for onshore and offshore activities. The Secretary shall not carry out through the Office any function, power, or duty that is— required by section 10402 to be carried out through Bureau of Ocean Energy; or required by section 10403 to be carried out through the Ocean Energy Safety Service.
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