Restoring State Mineral Revenues Act

# Restoring State Mineral Revenues Act Summary **What the bill does:** This bill would increase the amount of money states receive when oil, gas, coal, and other natural resources are extracted from federal lands within their borders. Currently, the federal government takes a 2% administrative fee from these payments before giving the money to states. The bill would eliminate that 2% fee, allowing states to keep the full amount instead. **Who it affects:** State governments (particularly those with significant federal lands, like Montana) would receive more revenue from resource development.

Taxpayers might be indirectly affected depending on how states use this additional revenue. The oil, gas, and mining industries could benefit from the policy change, and Native American tribes with mineral rights on federal lands could also be impacted. **Current status:** The bill is currently in committee (S 451, 119th Congress), meaning it hasn't yet been voted on by the full Senate. It was introduced by Senator Steve Daines, a Republican from Montana.