S.1919: Federal Oil and Gas Stripper Well Preservation Act of 1998

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about law
  • Introduced April 2, 1998
  • Latest Major Action April 3, 1998

Bill Summary

Federal Oil and Gas Stripper Well Preservation Act of 1998 - Directs the Secretary of the Interior to provide permanent regulatory authority to make royalty rate reductions for stripper well properties on Federal lands. Instructs the Secretary to suspend the minimum royalty and per acre lease rental during the period of any royalty rate reduction for such properties for so long as the royalty rate reduction is in effect. States that, once a...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Energy and Natural Resources.
Referred to Subcommittee on Energy Research and Development.
April 2, 1998

Introduced in the Senate by Frank H. Murkowski (R-Alaska)

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