Meeting on Proposed Rule To Establish Liability for Royalty Due on Federal and Indian Leases and To Establish Responsibility To Pay and Report Royalty and Other Payments

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The Minerals Management Service (MMS) will hold a public meeting in Houston, Texas, to discuss a proposed rulemaking regarding the liability for payments due on Federal and Indian leases and the responsibility to pay and report royalty and other payments. The proposal was published in the Federal Register on June 9, 1995, (60 FR 30492). That notice proposes to establish and clarify which persons may be held liable for unpaid or underpaid royalties, compensatory royalties, or other payments on Federal and Indian mineral leases. The proposed rule also would establish who is required to report and pay royalties on production from leases not in approved Federal or Indian agreements or leases in approved Federal or Indian agreements containing 100 percent Federal or Indian tribal leases with the same lessor, the same royalty rate, and the same royalty distribution. MMS has extended the comment period for this rule to January 8, 1996 (60 FR 38533, July 27, 1995, and 60 FR 45112, August 30, 1995). The purpose of the meeting is to allow all interested parties to discuss the proposed rulemaking. Interested parties are invited to attend and participate at this meeting.