Notice and Agenda for Meeting of the Royalty Policy Committee of the Minerals Management Advisory Board

Résumé

The Secretary of the Department of the Interior has established a Royalty Policy Committee (Committee), on the Minerals Management Advisory Board, to provide advice on the Department's management of Federal and Indian minerals leases, revenues, and other minerals related policies. Committee membership includes representatives from States, Indian Tribes and allottee organizations, minerals industry associations, the general public, and Federal Departments. At this eighth meeting, the Minerals Management Service will be prepared to discuss the OIG report on Net Receipts Sharing, the Committee's recommendations on Lessee/Designee issue, the Royalty-in- Kind Pilot, Reengineering Operational Models, Joint Ventures Paper, Annual Performance Reviews, and the Marginal Properties Accounting Relief Rule. The Committee will also consider progress reports by the active subcommittees.