Federal coal royalty reduction: issues and research needs
In June 1987, the Bureau of Land Management issued new guidelines for determining whether a holder of a federal coal lease may be granted a reduction in the royalty rate paid on production. The guidelines implement Section 39 of the Minerals Lands Leasing Act for encouraging the recovery or conservation of federal coal deposits, promoting their development, and ensuring the successful operation of coal mines on federal lands. This paper traces the development of the Interior Department's coal royalty-reduction policy and the new guidelines issued by the Bureau. To implement the policy of Section 39, the guidelines establish four distinct categories of royalty reduction applications which are designed to allow the Bureau to process applications which promote the development of publicly owned solid mineral resources. The four categories are expanded recovery, expansion of mine life, financial test: unsuccessful operations, and financial test: expanded recovery/extension of mine life. 13 references, 4 tables.
- Research Organization:
- General Accounting Office, Washington, DC (USA)
- OSTI ID:
- 6720419
- Journal Information:
- Mater. Soc.; (United States), Journal Name: Mater. Soc.; (United States) Vol. 12:2; ISSN MSOCD
- Country of Publication:
- United States
- Language:
- English
Similar Records
Need for guidance and controls on royalty rate reductions for federal coal leases
H. R. 1934: a Bill entitled the Mineral Lands Leasing Act Amendments of 1985. Introduced in the House of Representatives, Ninety-Ninth Congress, First Session
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29 ENERGY PLANNING, POLICY, AND ECONOMY
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COAL DEPOSITS
GEOLOGIC DEPOSITS
INCOME
LEASES
MINERAL RESOURCES
PUBLIC LANDS
RESOURCE DEVELOPMENT
RESOURCES
ROYALTIES