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2017 Regular Session



Environment - Natural Gas and Oil Interest Restitution Fund

Sponsored by:

Delegate Beitzel


In the House - Unfavorable Report by Environment and Transportation; Withdrawn

Synopsis:Establishing the Natural Gas and Oil Interest Restitution Fund as a special, nonlapsing fund; specifying the purpose of the Fund; requiring the Department of the Environment to administer the Fund; requiring the State Treasurer to hold the Fund and the Comptroller to account for the Fund; specifying the contents of the Fund; specifying the purpose for which the Fund may be used; requiring that a specified owner of a natural gas or oil interest make a specified demonstration in order to receive compensation from the Fund; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Beitzel, Buckel, Hornberger, McKay, Otto, Reilly, Rose, and Shoemaker
Additional Facts:Cross-filed with: SB0980
Bill File Type: Regular
Effective Date(s): June 1, 2017
Contingency - on a contingency described in Sec. 3 of the bill
Environment and Transportation  View Committee Hearing
Economic Matters
Broad Subject(s):Environment
Utility Regulation
Narrow Subject(s):Auditors and Audits
Committees and Commissions -see also- Political Committees
Education -see also- Driver Ed; Higher Ed; Special Ed; etc
Higher Education -see also- Comm Colleges; Med Schools; etc.
Residency -see also- Immigrants and Citizenship
Telecommunications and Information Technology
Statutes:Article - Environment
(14-107.1, 14-107.2)
Article - Public Utilities
Article - State Finance and Procurement

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Explanation of Floor Motions and Actions

November 28, 2017 1:07 P.M.