Code · BILL · 118th Congress · H.R. 1 (Engrossed in House) — To lower energy costs by increasing American energy production, exports, infrastructure, and critical minerals proces... · Sec. 20117

Sec. 20117. Sense of Congress on oil and gas royalty rates

37 words·~1 min read·/bill/118/hr/1/eh/section-20117

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

It is the sense of Congress that the royalty rate for onshore Federal oil and gas leases should be not more than 12.5 percent in amount or value of the production removed or sold from the lease.