I 112th CONGRESS 1st Session H. R. 3235 IN THE HOUSE OF REPRESENTATIVES October 14, 2011 Mr. Tipton introduced the following bill; which was referred to the Committee on Natural Resources, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend the Mineral Leasing Act to require that a portion of amounts deposited into the general fund of the Treasury from sales, bonuses, royalties, and rentals from new mineral and geothermal lease authority be paid to States for use for the education of students in kindergarten through grade 12 and at institutions of higher education, and for other purposes.

1.

Short title

This Act may be cited as the Education and Energy Act of 2011.

2.

Use of revenues from new mineral and geothermal lease authority for payments to States for use for education

Section 35(a) of the Mineral Leasing Act (30 U.S.C. 191) is amended by inserting (1) before the first sentence, and by adding at the end the following new paragraph: (2)(A)Of amounts otherwise required under paragraph (1) to be deposited into the general fund of the Treasury each fiscal year that are derived from leases for tracts located in a State, the Secretary shall pay to the State 33 percent for use for the education of students in grades kindergarten through grade 12 and at institutions of higher education. (B)Of the amounts otherwise required under paragraph (1) to be deposited into the general fund of the Treasury each fiscal year that are not required to be used for payments under subparagraph (A) of this paragraph, the Secretary shall pay to States, in equal amounts, 17 percent for use for the education of students in grades kindergarten through grade 12 and at institutions of higher education. (C)(i)Subparagraphs (A) and (B) shall apply only with respect to amounts that— (I)are received by the United States under leases entered into under authority granted to the Secretary after the date of enactment of the Education and Energy Act of 2011; and (II)exceed the amount of revenues that the Secretary of the Treasury previously estimated would be received under such leases in the fiscal year. (ii)In calculating estimates referred to in clause (i)(II), the Secretary of the Treasury shall consult with the Congressional Budget Office. (D)Subparagraphs (A) and (B) shall not apply with respect to amounts required by paragraph (1) to be paid into, reserved, and appropriated, as part of the reclamation fund. .