Detailed Summary

Locatable Mineral Royalty and Reclamation Act of 2009 - Sets forth requirements for the issuance of patents for mining claims and mill sites.

Requires claimants to pay: (1) location fees; (2) abandoned locatable mine land fees; and (3) annual maintenance fees.

Subjects the production of locatable minerals from any mining claim located on federal lands to a royalty of 2% of the net proceeds from such production.

Establishes the Abandoned Locatable Mine Reclamation Fund.

Establishes the Abandoned Locatable Minerals Mine Reclamation Program administered by the the Secretary of the Interior acting through the Director of the Office of Surface Mining.

Requires each state and each Indian tribe that receives a grant pursuant to a program approved under this Act to establish an abandoned mine reclamation fund.

Directs the Secretary to establish the Office of Economic Geology, supervised by the Director of the U.S. Geological Survey, with responsibility for all policy, planning, and program direction for all of the activities of the energy and mineral resource programs, including research, within the Survey.

Requires the Secretary to conduct a national cooperative mineral resource inventory and assessment program

National Uranium Summit Act - Instructs the Secretary to convene a national summit on uranium and report to Congress an assessment of the nation's uranium resources, with policy recommendations to ensure access to these resources for private sector development.

Status of the Legislation

Latest Major Action: 7/17/2009: Referred to House subcommittee. Status: Referred to the Subcommittee on Energy and Mineral Resources.

Points in Favor

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Points Against

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