05.04.17

Grijalva Letter to Zinke on ONRR Valuation Rule Cancellation May 4

A May 4, 2017, letter from Ranking Member Grijalva to Interior Secretary Ryan Zinke pressing him to explain how the Interior Department can "delay" implementation of a rule on the value of federal natural resources that already went into effect. The rule was estimated to generate up to $85 million in revenue for taxpayers each year and would have closed industry loopholes that allowed companies to pay lower royalties than generally charged.

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