A bill to release a Federal reversionary interest and convey mineral interests in Chester County, Tennessee, and for other purposes.

1/29/2025, 11:56 AM
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Bill 119 s 277, also known as the "Chester County Mineral Interests Conveyance Act," is a piece of legislation that aims to release a Federal reversionary interest and convey mineral interests in Chester County, Tennessee. The bill is designed to streamline the process of transferring ownership of mineral rights in the area, ultimately benefiting both the federal government and local stakeholders.

The bill specifically addresses a reversionary interest held by the federal government in certain mineral rights in Chester County. By releasing this interest, the federal government will allow for the conveyance of these mineral interests to private entities, potentially leading to increased economic development and job creation in the region.

In addition to releasing the reversionary interest, the bill also includes provisions for the conveyance of mineral interests in the area. This process will involve transferring ownership of these interests to qualified individuals or organizations, who will then be responsible for managing and developing the mineral resources in accordance with applicable laws and regulations. Overall, Bill 119 s 277 seeks to facilitate the efficient and effective transfer of mineral rights in Chester County, Tennessee, with the goal of promoting economic growth and development in the region. The bill is an important step towards unlocking the potential of the area's mineral resources and creating new opportunities for local residents and businesses.
Congress
119

Number
S - 277

Introduced on
2025-01-28

# Amendments
0

Sponsors
+5

Cosponsors
+5

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Bill 119 s 277, also known as the "Chester County Mineral Interests Conveyance Act," is a piece of legislation that aims to release a Federal reversionary interest and convey mineral interests in Chester County, Tennessee. The bill is designed to streamline the process of transferring ownership of mineral rights in the area, ultimately benefiting both the federal government and local stakeholders.

The bill specifically addresses a reversionary interest held by the federal government in certain mineral rights in Chester County. By releasing this interest, the federal government will allow for the conveyance of these mineral interests to private entities, potentially leading to increased economic development and job creation in the region.

In addition to releasing the reversionary interest, the bill also includes provisions for the conveyance of mineral interests in the area. This process will involve transferring ownership of these interests to qualified individuals or organizations, who will then be responsible for managing and developing the mineral resources in accordance with applicable laws and regulations. Overall, Bill 119 s 277 seeks to facilitate the efficient and effective transfer of mineral rights in Chester County, Tennessee, with the goal of promoting economic growth and development in the region. The bill is an important step towards unlocking the potential of the area's mineral resources and creating new opportunities for local residents and businesses.
Alternative Names
Official Title as IntroducedA bill to release a Federal reversionary interest and convey mineral interests in Chester County, Tennessee, and for other purposes.

Comments

Recent Activity

Latest Action1/28/2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.