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Code · BILL · 117th Congress · H.R. 5376 (Engrossed in House) — To provide for reconciliation pursuant to title II of S. Con. Res. 14. · Sec. 71415

Sec. 71415. Annual pipeline owners fee

112 words·~1 min read·/bill/117/hr/5376/eh/section-71415·

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Not later than 180 days after the date of enactment of this section, the Bureau of Safety and Environmental Enforcement shall issue regulations to assess an annual fee on owners of existing and new offshore oil and gas pipelines defined as DOI pipelines under 30 C.F.R. 250.1001. No portion of such fee that is passed on to a lessee may be deducted as part of a lessee’s transportation allowance when calculating royalties due to the United States. Fees established under this paragraph shall be— $10,000 per mile for pipelines in water with a depth of 500 feet or greater; and $1,000 per mile for pipelines in water depth of under 500 feet.
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Sec. 71415
Annual pipeline owners fee
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