Search Results: keywords:"rental rates"

  • H. R. 9017 — To amend the Mineral Leasing Act to make certain adjustments to the royalty rates for leases for oil and gas extraction on Federal land, and for other purposes.
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    Status:Introduced in House
    Words:3,053

    The bill, H. R. 9017, proposes changes to the Mineral Leasing Act to adjust the royalty rates for oil and gas leases on federal land. It suggests reducing the royalty rates from 16⅔% to 12½% and lowering the minimum bid and rental rates for oil and gas leases. Additionally, the bill...

    Simple Explanation

    The bill wants to change the rules about how much money companies pay to dig for oil and gas on land owned by the government. It suggests making it cheaper for companies, but this might mean less money for things the government pays for, like schools and roads.

  • H. R. 8270 — To amend the Food Security Act of 1985 to modernize the conservation reserve program, and for other purposes.
    Status:Introduced in House
    Words:1,642

    The bill, H.R. 8270, aims to modernize the Conservation Reserve Program within the Food Security Act of 1985. It introduces new definitions like "conservation buffer" and details types of land eligible for the program, such as cropland, grasslands, and land that supports water quality and...

    Simple Explanation

    The bill wants to make a program better so that certain lands, like farms and grasslands, can be used in a way that helps nature, like taking care of plants and animals. It tries to do this by changing how land is selected and how money is used to keep the land healthy.