H.R.3235 - Education and Energy Act of 2011112th Congress (2011-2012)
Summary: H.R.3235 — 112th Congress (2011-2012)
Introduced in House (10/14/2011)
Education and Energy Act of 2011 - Amends the Mineral Leasing Act to require a portion of the revenue deposited into the general fund of the Treasury from new mineral and geothermal leases to be provided to the states for elementary, secondary, and higher education.
Restricts the revenue from which that portion is to be derived to the revenue from new leases that is in excess of the Secretary of the Treasury's previous estimate of the revenue that those leases would yield in a fiscal year.