Oil and Gas Royalties: Litigation over Royalty Relief Could Cost the Federal Government Billions of Dollars (open access)

Oil and Gas Royalties: Litigation over Royalty Relief Could Cost the Federal Government Billions of Dollars

Correspondence issued by the Government Accountability Office with an abstract that begins "Oil and gas production from federal lands and waters is critical to meeting the nation's energy needs. This production provided about 31 percent of all oil and 29 percent of all natural gas produced in the United States in fiscal year 2007. Every five years, the federal government decides the areas in the offshore waters of the United States it will offer for leasing and establishes a schedule for individual lease sales. The Department of the Interior's Minerals Management Service (MMS) has conducted these sales at least once per year for at least the past 30 years. During the sales, oil and gas companies bid for the rights to explore and develop the oil and gas resources on these leases and also agree to pay the federal government royalties on the resources produced. In 1995, a time when oil and natural gas prices were significantly lower than they are today, Congress passed the Outer Continental Shelf Deep Water Royalty Relief Act (DWRRA), which authorized MMS to provide "royalty relief" on oil and gas produced in the deep waters of the Gulf of Mexico from certain leases issued from …
Date: June 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Refund Anticipation Loans (open access)

Refund Anticipation Loans

Correspondence issued by the Government Accountability Office with an abstract that begins "Taxpayers who do not want to wait for their tax refunds from the Internal Revenue Service (IRS) may choose to obtain refund anticipation loans (RAL). RALs are short-term, high-interest bank loans that are advertised and brokered by both national chain and local tax preparation companies. Although the annual percentage rate (APR) on RALs can be over 500 percent, they allow taxpayers to receive cash refunds quickly--sometimes within the same day and even within an hour of filing their tax returns. After filing a taxpayer's return electronically, the tax preparer works in cooperation with a bank to advance the refund as a loan minus tax preparation costs, other fees, and a finance charge. As part of the RAL process, the taxpayer provides authorization to IRS to send the refund directly to the bank to repay the loan. Despite the benefits of receiving cash quickly based on an expected refund, IRS officials and others have raised concerns about whether taxpayers are fully aware of the costs involved and their tax filing alternatives. For example, in a 2007 report to Congress, the IRS National Taxpayer Advocate questioned whether RAL consumers actually …
Date: June 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Auto Industry: A Framework for Considering Federal Financial Assistance (open access)

Auto Industry: A Framework for Considering Federal Financial Assistance

Testimony issued by the Government Accountability Office with an abstract that begins "The current economic downturn has brought significant financial stress to the auto manufacturing industry. Recent deteriorating financial, real estate, and labor markets have reduced consumer confidence and available credit, and automobile purchases have declined. While auto manufacturers broadly have experienced declining sales in 2008 as the economy has worsened, sales of the "Big 3" (General Motors, Chrysler, and Ford) have also declined relative to those of some other auto manufacturers in recent years because higher gasoline prices have particularly hurt sales of sport utility vehicles. In addition to causing potential job losses at auto manufacturers, failure of the domestic auto industry would likely adversely affect other sectors. Officials from the Big 3 have requested, and Congress is considering, immediate federal financial assistance. This testimony discusses principles that can serve as a framework for considering the desirability, nature, scope, and conditions of federal financial assistance. Should Congress decide to provide financial assistance, we also discuss how these principles could be applied in these circumstances. The testimony is based on GAO's extensive body of work on previous federal rescue efforts that dates back to the 1970s."
Date: December 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Information Technology: Significant Problems of Critical Automation Program Contribute to Risks Facing 2010 Census (open access)

Information Technology: Significant Problems of Critical Automation Program Contribute to Risks Facing 2010 Census

Testimony issued by the Government Accountability Office with an abstract that begins "Of the $11 billion total estimated cost of the 2010 Census, the Census Bureau planned (as of 2007) to spend about $3 billion on automation and information technology in order to improve census coverage, accuracy, and efficiency. Among other things, the Bureau is planning to automate many of its planned field data collection activities as a way to reduce costs and improve data quality and operational efficiency. Known as Field Data Collection Automation (FDCA), this initiative is acquiring handheld mobile computing devices that, along with other technology, are undergoing operational testing during a Census "Dress Rehearsal" that is taking place from February 2006 to June 2009. The $600 million FDCA program is a crucial component of the reengineered processes envisioned for the 2010 Census. In March 2006, GAO reported on the management capabilities of the FDCA program, and in October 2007, it reported on FDCA's status and plans. As requested, this testimony summarizes key findings from these two reports, as well as subsequent Bureau actions."
Date: March 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Coast Guard: Deepwater Program Management Initiatives and Key Homeland Security Missions (open access)

Coast Guard: Deepwater Program Management Initiatives and Key Homeland Security Missions

Testimony issued by the Government Accountability Office with an abstract that begins "The Deepwater Program is intended to replace or modernize 15 major classes of Coast Guard assets--including vessels, aircraft, and communications systems. At the program's start, the Coast Guard chose to use a system integrator, Integrated Coast Guard Systems, to design, build, deploy, and support Deepwater in a system-of-systems approach. In a series of reports, we have noted the risks inherent in this approach. With the Deepwater program under way, the Coast Guard's priorities and focus shifted after September 11 toward homeland security missions, such as protecting the nation's ports and waterways. The 2002 Maritime Transportation Security Act and the 2006 SAFE Port Act required a wide range of security improvements. GAO is monitoring the acquisition of Deepwater and the Coast Guard's ability to carry out its numerous missions. This testimony addresses: (1) changes the Coast Guard is making as it assumes a larger role in managing the Deepwater Program and (2) challenges the Coast Guard is facing in carrying out its various missions. To conduct this work, GAO reviewed key documents, such as Deepwater acquisition program baselines, human capital plans, and Coast Guard budget and performance documents. For …
Date: March 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Fiscal Year 2007 U.S. Government Financial Statements: Sustained Improvement in Financial Management Is Crucial to Improving Accountability and Addressing the Long-Term Fiscal Challenges (open access)

Fiscal Year 2007 U.S. Government Financial Statements: Sustained Improvement in Financial Management Is Crucial to Improving Accountability and Addressing the Long-Term Fiscal Challenges

Testimony issued by the Government Accountability Office with an abstract that begins "The Congress and the President need to have reliable, useful and timely financial and performance information to make sound decisions on the current and future direction of vital federal government programs and policies. Unfortunately, except for the 2007 Statement of Social Insurance, GAO was again unable to provide assurance on the reliability of the consolidated financial statements of the U.S. government (CFS) due primarily to certain material weaknesses in the federal government's internal control. GAO has reported that unless these weaknesses are adequately addressed, they will, among other things, (1) hamper the federal government's ability to reliably report a significant portion of its assets, liabilities, costs, and other related information; and (2) affect the federal government's ability to reliably measure the full cost as well as the financial and nonfinancial performance of certain programs and activities. This testimony presents the results of GAO's audit of the CFS for fiscal year 2007 and discusses the federal government's long-term fiscal outlook."
Date: June 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Advanced Energy Technologies: Budget Trends and Challenges for DOE's Energy R&D Program (open access)

Advanced Energy Technologies: Budget Trends and Challenges for DOE's Energy R&D Program

Testimony issued by the Government Accountability Office with an abstract that begins "For decades, the nation has benefited from relatively inexpensive energy, in the process growing heavily reliant on conventional fossil fuels--oil, natural gas, and coal. However, in the current wake of higher energy costs and environmental concerns about fossil fuel emissions, renewed attention is turning to the development of advanced energy technologies as alternatives. In the United States, the Department of Energy (DOE) has long conducted research, development, and demonstration (R&D) on advanced renewable, fossil, and nuclear energy technologies. DOE's Office of Science has also funded basic energy-related research. This testimony addresses (1) funding trends for DOE's renewable, fossil, and nuclear energy R&D programs and its Office of Science and (2) key challenges in developing and deploying advanced energy technologies. It is based on GAO's December 2006 report entitled Department of Energy: Key Challenges Remain for Developing and Deploying Advanced Energy Technologies to Meet Future Needs (GAO-07-106). In doing that work, GAO reviewed DOE's R&D budget data and strategic plans and obtained the views of experts in DOE, industry, and academia, as well as state and foreign government officials."
Date: March 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Transportation Security Administration's Suspension of the Butane Lighter Ban Onboard Commercial Aircraft (open access)

Transportation Security Administration's Suspension of the Butane Lighter Ban Onboard Commercial Aircraft

Correspondence issued by the Government Accountability Office with an abstract that begins "This letter formally transmits the briefing in response to the explanatory statement accompanying the Department of Homeland Security Appropriations Act, 2008 (Public Law 110-161, Division E). The statement directed the Comptroller General to report on its assessment of the Transportation Security Administration's (TSA) report to the Committees on Appropriations of the Senate and House of Representatives on the anticipated security benefits and vulnerabilities associated with TSA's decision to suspend enforcement of the prohibition on butane lighters onboard aircraft."
Date: December 5, 2008
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Fundamental Investigations of Nanoscale Phenomena in Beam-Assisted Nucleation, Growth and Surface Smoothing, Using in situ LEEM (open access)

Fundamental Investigations of Nanoscale Phenomena in Beam-Assisted Nucleation, Growth and Surface Smoothing, Using in situ LEEM

The purposes for which this grant was provided were specifically (1) to construct a tandem instrument that combined a low energy electron microscope (LEEM) with an ion beam source capably of irradiating a sample during observation of the surface using LEEM; and (2) to employ the new machine to whatever degree possible to observe the evolution of clean crystal surfaces during ion beam irradiation. A principal motivation was to investigate the fundamental behavior of radiation damage under circumstances for which the damage can be observed directly in real time as it occurs. A second main motivation was to create tunable perturbations of the defect (adatom and advacancy) equilibrium on clean crystal planes and in this way explore the fundamental kinetics of surface behavior that enters into numerous phenomena of interest to DOE including surface erosion, catalysis, and the damage to crystals caused by impacts of energetic particles. The funding has been employed to successfully pursue all the original goals, and additional opportunities that developed as a result of discoveries made in this research.
Date: November 5, 2008
Creator: Flynn, Colin P.
System: The UNT Digital Library
Texas Attorney General Opinion: GA-0622 (open access)

Texas Attorney General Opinion: GA-0622

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification; Whether persons operating or participating in a pilot needle- and syringe-exchange program authorized for Bexar County by Government Code section 531.0972 may be prosecuted for possessing drug paraphenalia under Health and Safety Code section 481.125 (RQ-0630-GA)
Date: May 5, 2008
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History
Texas Attorney General Opinion: GA-0634 (open access)

Texas Attorney General Opinion: GA-0634

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification: Valuation of real property surrounding Possum Kingdom Lake that the Brazos River Authority proposes to sell to the lessees of the property (RQ-0639-GA)
Date: June 5, 2008
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History
Texas Attorney General Opinion: GA-0679 (open access)

Texas Attorney General Opinion: GA-0679

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification: Construction of a conflict of interest statue, Government Code section 2054.022(a)(7), which prohibits a board member or executive director of the Department of Information Resources from accepting or receiving "money or another thing of value from an individual, firm, or corporation to whom a contract may be awarded" (RQ-0706-GA).
Date: November 5, 2008
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History