To amend the Mineral Leasing Act to require that a portion of revenues from new Federal mineral and geothermal leases be paid to States for use to supplement the education of students in kindergarten through grade 12 and public support of institutions of higher education, and for other purposes.
About This Bill
Committee
Latest Action · February 12, 2019
Referred to the Subcommittee on Energy and Mineral Resources.
Education and Energy Act of 2019
This bill requires excess revenue from new mineral and geothermal leases to be provided to the counties in which the revenue is generated to supplement the education of students in kindergarten through grade 12 and to supplement public support of institutions of higher education. The bill applies to revenue from new leases that are in excess of the Congressional Budget Office's estimated revenue for the leases in the prior fiscal year.
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