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- S.3985
S.3985: Outer Continental Shelf Royalty Reform and Enhancement Act of 2006
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about emergency management
- Introduced Sept. 28, 2006
- Latest Major Action Sept. 29, 2006
Bill Sponsor
Bill Summary
Outer Continental Shelf Royalty Reform and Enhancement Act of 2006 - Directs the Secretary of the Interior (Secretary) to place limitations based on market price on the royalty relief granted under any lease for the production of oil or natural gas entered into on or after enactment of this Act. Declares that Congress reaffirms the authority of the Secretary to vary, based on the price of production from a lease, the suspension of royalties...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Read twice and referred to the Committee on Energy and Natural Resources.
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Sponsor introductory remarks on measure.
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| Sept. 28, 2006 |
Introduced in the Senate by Mary L. Landrieu (D-La.) |