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H.R. 1192, Soda Ash Royalty Extension, Job Creation, and Export Enhancement Act of 2012
As ordered reported by the House Committee on Natural Resources on May 16, 2012 H.R. 1192 would require the Department of the Interior (DOI) to charge a 2 percent royalty on the value of soda ash produced on federal lands through 2016. Under current law, CBO expects that the royalty rate would remain at 6 percent over that period. CBO estimates that implementing H.R. 1192 would reduce net federal offsetting receipts from soda ash royalties by $75 million over the 2013-2016 period; therefore, pay-as-you-go procedures apply. Enacting H.R. 1192 would not affect revenues.      H.R. 436, Health Care Cost Reduction Act of 2012
As posted on the Web site of the House Committee on Rules (Committee Print 112-23) |
