View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

DOI/BSEE RIN: 1014-AA50 Publication ID: Fall 2020 
Title: ●Update of Regulations on Relief or Reduction in Royalty Rates  
Abstract:

BSEE has reviewed its current regulations pertaining to royalty relief and is considering modifications to streamline the current provisions related to royalty relief, in order to reduce certain unnecessary regulatory burdens imposed under the existing regulations. BSEE's modifications to the existing regulations would increase transparency, efficiency, and clarity consistent with governing law. Appropriately awarded royalty relief helps to ensure America has a stable, long-term energy supply while protecting the American public (i.e., relief only provided when a lease/project is uneconomic paying full royalty). In addition, BSEE is considering modifications for a streamlined approach during presidential declared emergencies.

 
Agency: Department of the Interior(DOI)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Deregulatory 
CFR Citation: 30 CFR part 203     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 43 U.S.C. 1337(a)(3)(A)    43 U.S.C. 1337(a)(3)(B)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  03/00/2021 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: Yes 
Agency Contact:
Kirk Malstrom
Chief, Regulations and Standards Branch
Department of the Interior
Bureau of Safety and Environmental Enforcement
45600 Woodland Road,
Sterling, VA 20166
Phone:703 787-1751
Fax:703 787-1555
Email: kirk.malstrom@bsee.gov