H.R. 4625 · 108th Congress
Soda Ash Royalty Reduction Act of 2004
- Stage
- Passed a chamber
- Sponsor
- Barbara Cubin
- Introduced
- 2004-06-21
- Latest action
- 2004-07-20 · Received in the Senate and Read twice and referred to the Committee on Energy and Natural Resources.
Summary
Soda Ash Royalty Reduction Act of 2004 - Declares a royalty rate of two percent upon the quantity or gross value of the output of sodium compounds and related products at point of shipment to market from Federal land in the five-year period beginning on the date of the enactment of this Act.
Requires the Secretary of the Interior to report to Congress on the effects of such royalty reduction, including: (1) the amount of sodium compounds and related products at point of shipment to market; (2) the number of jobs created or maintained during such reduction period; (3) the total amount of royalty paid to the United States and the portion to the States; and (4) a recommendation of whether the reduced royalty rate should apply after the end of the five-year period.