Amendment sought to require companies holding leases which allow them to drill on public lands off-shore without paying a royalty, to renegotiate those leases prior to bidding on new leases issued pursuant to Title XVII of this Act.

Purpose:

An amendment numbered 18 printed in Part A of House Report 112-398 to require companies holding defective leases which allow them to drill on public lands off-shore without paying a royalty, to renegotiate those leases prior to bidding on new leases issued pursuant to Title XVII of this Act.

House Amendment Code:

(A018)

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