H.R. 5240 would restore equitable sharing with affected States of revenues from onshore Federal mineral leases.

== Detailed Summary ==

<summary>
(Log in to editEquitable Mineral Lease Revenue Sharing Restoration Act - Amends the wikiDepartment of the Interior, Environment, and beRelated Agencies Appropriations Act, 2008, to repeal the firstrequirement that the Secretary of the Interior deduct 2% from the amount payable to each state in FY2008, and deposit such amount to provide a detailed summarymiscellaneous receipts of the bill!)Treasury.
</summary>

<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->

== Status of the Legislation ==

<status>
Latest Major Action: 2/8/2008: Referred to House subcommittee. Status: Referred to the Subcommittee on Energy and Mineral Resources.
</status>

<!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. -->

== Points in Favor ==

(Log in to edit the wiki and be the first to show why the bill should pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->

== Points Against ==

(Log in to edit the wiki and be the first to show why the bill should not pass!)
<!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! -->