Federal Oil and Gas Stripper Well Preservation Act of 1998
This bill died when its Congress ended.
Bills don't carry over between Congresses. Without re-introduction in a new session, it cannot advance.
Federal Oil and Gas Stripper Well Preservation Act of 1998 - Directs the Secretary of the Interior to provide permanent regulatory authority to make royalty rate reductions for stripper well properties on Federal lands. Instructs the Secretary to suspend the minimum royalty and per acre lease rental during the period of any royalty rate reduction for such properties for so long as the royalty rate reduction is in effect. States that, once a royalty rate reduction for such a property is terminated, the lease rental and minimum royalty shall be reinstated to the applicable rate or rates that would pertain without regard to any elapsed period of time during which the reduction or suspension was in effect.
Filed in the Senate
This senate bill has been filed and is working its way through Congress. It will need to pass both the Senate and the House, then be signed by the President to become law.
Who introduced this
Frank Murkowski
RU.S. Senator · AK
6 cosponsors — all Republican
Ask AI About This Bill
Get plain-language answers with direct quotes from the bill text.
Your Representatives
Enter your address to see how your representatives voted on this bill.
Your address is only used to find your district and is never saved. See how it works
Votes
Public Opinion
No votes yet — be the first to weigh in.
to cast your vote
Your voice matters — let representatives know where you stand.
Comments
No comments yet. to be the first to weigh in.