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Feds to pay Wyoming more than $40M in back royalties

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The federal government will pay back mineral royalties that it withheld from states under the across-the-board budget cuts known as sequestration.

When sequestration went into effect earlier this year, the Department of the Interior started withholding 5 percent of states' share of the royalties, which are paid on resources like coal and oil extracted from federal lands. For Wyoming, that's amounted to more than $40 million.

On Monday, DOI announced that after a legal review, it's giving the money back.


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