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H.R. 4984: Potash Royalty Reduction Act of 2004

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H.R. 4984: Potash Royalty Reduction Act of 2004

108th Congress · introduced 2004-07-22 · Public Lands and Natural Resources · Latest: Placed on the Union Calendar, Calendar No. 457.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2004-07-22 · official record
  2. Who proposed it: Rep. Pearce, Stevan [R-NM-2] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Placed on the Union Calendar, Calendar No. 457. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Potash Royalty Reduction Act of 2004

Plain summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Potash Royalty Reduction Act of 2004 - States that for a five-year period the royalty rate on the quantity or gross value of the output from Federal lands of potassium and potassium compounds from the mineral sylvite at the point of shipment to market shall be 1.0 percent. Prescribes implementation guidelines under which fifty percent of such royalties, together with interest earned from the date of payment, shall be paid by the Secretary of the Treasury to the payor of the royalties to be used solely for land reclamation purposes in accordance with a schedule to implement a reclamation plan for the lands. Conditions such payment upon the following: (1) receipt of the royalties by the Secretary of the Interior; (2) approval of the reclamation plan and schedule by the Secretary of the Interior; and (3) submittal of such approved schedule to the Secretary of the Treasury. Directs the Secretary of the Interior to report to Congress on the effects of the royalty reduction, including a recommendation on whether the reduced royalty rate for potassium from sylvite should continue to apply after the end of the reporting period.

Congressional Research Service summary (Reported to House without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Potash Royalty Reduction Act of 2004

Source: Congressional Research Service summary (Reported to House without amendment)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Pearce, Stevan [R-NM-2] · 1 cosponsors

Cost estimate: CBO cost estimate: H.R. 4984, Potash Royalty Reduction Act of 2004 (2004-09-21); CBO cost estimate: H.R. 4984, Potash Royalty Reduction Act of 2004 (2004-09-21)

Cosponsors on this site

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Record fed-us-cong108-hr4984 · catalog fed-us-congress-bills-cong108 · updated 2026-11-15 by psicol fed-bills-cong108