Serving all of Eastern Laramie County since 1908

Wyo delegation introduces bill to protect mineral royalties rightfully owed to states

U.S. Senators Mike Enzi and John Barrasso, and Representative Liz Cheney, all R-Wyo., introduced legislation today that would allow states to collect their own federal mineral royalties, protecting money that is rightfully owed to the states. The bill would effectively eliminate a collection fee charged by the federal government, which amounts to around $40 million per year.

“Mineral royalties are supposed to be split 50-50, but by charging an unfair collection fee, the federal government is squeezing the states for more dollars to pad its own coffers,” Enzi said. “By empowering states to coll...

 

Reader Comments(0)

 
 
Rendered 11/20/2024 00:33