S 2857 · 110th Congress · Energy
Oil Shale Reserve Fund Revenue Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Armed Services.(2008-04-15)
Plain Language Summary
[AI summary unavailable — showing source text]
Oil Shale Reserve Fund Revenue Act - Requires that any amounts received by the United States, beginning on November 18, 1997, and ending on the date of enactment of this Act, from a lease under provisions relating to certain oil shale reserves be deposited in the U.S. Treasury. Requires that 50% of such amounts go to the Secretary of the Interior for the costs of all environmental restoration, waste management, and environmental compliance regarding the remediation of the land transferred under certain existing provisions, including the former Anvil Points oil shale facility in Colorado. Requires that the remaining 50% go to Garfield, Rio Blanco, Moffat, and Mesa Counties, Colorado, to mitigate the effects of oil and gas development activities within the affected areas. Prohibits counting such funds in calculating payments for the counties under provisions relating to payment for entitlement land.…
Summarized by Claude AI · Non-partisan · For informational purposes only