[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3962 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 3962

  To provide for the ratification of payments made under preexisting 
             onshore and offshore royalty-in-kind programs.


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                    IN THE HOUSE OF REPRESENTATIVES

                              May 22, 1998

  Mr. Hefley introduced the following bill; which was referred to the 
                         Committee on Resources

_______________________________________________________________________

                                 A BILL


 
  To provide for the ratification of payments made under preexisting 
             onshore and offshore royalty-in-kind programs.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. RATIFICATION OF PAYMENTS.

    Amounts invoiced by the Secretary of the Interior and paid in full 
before the date of enactment of this Act for the purchase of Federal 
royalty oil by a refiner pursuant to section 36 of the Mineral Leasing 
Act (30 U.S.C. 192) or section 27 of the Outer Continental Shelf Lands 
Act (43 U.S.C. 1353) are hereby ratified and deemed to be the 
purchaser's total obligation to the United States for such purchases 
notwithstanding any other provision of law, including the regulations 
set forth in 30 C.F.R. 208.13(b), subject to adjustment to reconcile 
billed volumes with delivered volumes provided that all purchased 
royalty oil volumes were processed or used, or exchanged for other 
crude oil on a volume or equivalent basis that was processed or used, 
in the refiner's refineries located in the United States.
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