3.0.0 1517 2023-01-11T16:47:38Z 2023-01-11T16:47:38Z Senate S S 2007-05-24 110 ssas00 Armed Services Committee Senate Standing Referred to 2007-05-24T23:02:28Z 2007-05-24 ssas00 Armed Services Committee Senate Read twice and referred to the Committee on Armed Services. IntroReferral 2007-05-24 Introduced in Senate IntroReferral 10000 9 Library of Congress A000109 Sen. Allard, Wayne [R-CO] A. ALLARD R CO WAYNE N Energy Colorado Economics and Public Finance Energy development Environmental Protection Government Operations and Politics Oil and gas leases Oil shales Petroleum reserves Public Lands and Natural Resources Restoration ecology Revenue sharing Utah Wyoming Energy 00 2007-05-24 Introduced in Senate 2007-11-20T19:31:29Z Oil Shale Reserve Fund Revenue Disposition Act - Amends federal law concerning the leasing to private entities by the Secretary of the Interior of certain federal oil shale reserves in Colorado to provide a new system for the distribution of revenues from such leases (currently, all proceeds are deposited into the Treasury). States that, for all proceeds received between November 18, 1997, and December 31, 2017: (1) 50% shall be transferred from the Secretary of the Treasury to the state of Colorado for deposit into its oil shale special fund; and (2) 50% shall be deposited into a special account of the Treasury.

Requires amounts deposited into: (1) the Colorado special fund to be used to assist state agencies, school districts, and political subdivisions affected by the development and production of energy resources from oil shale in planning for and providing facilities and services associated with such development and production; and (2) the special account of the Treasury to be used for any of a number of purposes, including environmental restoration and financial assistance to the states of Colorado, Utah, and Wyoming for costs connected to energy resources development and production.

]]> Oil Shale Reserve Fund Revenue Disposition Act Display Title Oil Shale Reserve Fund Revenue Disposition Act Official Title as Introduced A bill to amend title 10, United States Code, to provide for the distribution of a share of certain mineral revenues to the State of Colorado, and for other purposes. Introduced in Senate IS Short Titles as Introduced Oil Shale Reserve Fund Revenue Disposition Act Introduced in Senate 2007-05-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s1517is/xml/BILLS-110s1517is.xml 2007-05-24 Read twice and referred to the Committee on Armed Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.