1st Quarterly 2016

President’s Report—Page 1 – NM State BLM Director – Secretarial Potash Area – Programmatic Agreement – BLM Transfers of Operating Rights Southeast Report—Page 2 – Legislative Update Northwest Report—Page 2 – Industry Cycles...

Legislative Expense Percentage for 2015

The percentage of expenses incurred for legislative lobbying purposes by IPANM during the year ended December 31, 2015 was 20.93. Therefore, 79.07 % of the dues your company paid to IPANM during 2015 are deductible.