HR 6 Provisions on 98/99 Leases – Legal Opinion

A provision of H.R. 6, a bill that passed the House of Representatives and which, if passed by the Senate and enacted into law, would impose new fees and restrictions on industry.  Particularly affected are those companies holding leases from 1998 and 1999 that do not contain price thresholds for the royalty relief provisions.

Schaumberg's original analysis of this provision in H.R. 6 can be viewed here.

The Congressional Research Service (CRS) analysis of this provision in H.R. 6 can be reviewed here.

Schaumberg's analysis of the CRS analysis can be read here.

Schaumberg's legal analysis of Senator Bingaman's Severance Tax Proposal can be read here.

If you have any questions, please contact Kim Harb at kim@nullnoia.org or (202) 347-6900.