H.R. 3460 · 113th Congress
Education and Energy Act of 2013
- Stage
- In committee
- Sponsor
- Scott Tipton
- Introduced
- 2013-11-12
- Latest action
- 2014-01-22 · Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
Summary
Education and Energy Act of 2013 - Amends the Mineral Leasing Act to require a portion of the revenue deposited into the general fund of the Treasury from new mineral and geothermal leases to be provided to the states to supplement the education of students in kindergarten through grade 12 and to supplement public support of institutions of higher education.
Restricts the revenue from which that portion is to be derived to the revenue from new leases that is in excess of the Congressional Budget Office's previous estimate of the revenue that those leases would yield in a fiscal year.