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Senate extends ban on royalty plan for federal lands
Senate Appropriations Committee votes 15 11 to block Interior from changing royalty collection on federal oil leases until at least October 1999. Supporters say it preserves revenue and jobs while critics call it a windfall for oil companies and warn of annual losses to the treasury.
MENTIONED IN THIS ARTICLE
Washington
Senate
Senate Appropriations Committee
Serror Department
Kay Bailey Hutchison
Texas
Pete Domenici
R-N.m
Dick Durbin
D-Ill
Barbara Boxer
Calif
Hutchison
Federal Treasury
Durbin
Boxer
David Sandretti