Tag: Mineral-Rich States
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SC Upholds State Rights: Mineral-Rich States to Collect Royalty Dues from 2005
The Supreme Court granted mineral-rich states the authority to collect past dues on royalties from mining companies, effective April 1, 2005. These payments will be spread out over 12 years, offering a structured approach to the collection. The bench, however, made it clear that states are not permitted to impose any penalties on these payments. ...