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. |
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Analysis: | Fiscal and Policy Note |
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All Sponsors: | Delegates Beitzel, Buckel, Hornberger, McKay, Otto, Reilly, Rose, and Shoemaker |
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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 |
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Committee(s): |
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Broad Subject(s): | Environment Utility Regulation
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Narrow Subject(s): | Auditors and Audits Committees and Commissions -see also- Political Committees Curriculum Discipline Education -see also- Driver Ed; Higher Ed; Special Ed; etc Grants Higher Education -see also- Comm Colleges; Med Schools; etc. Reports Residency -see also- Immigrants and Citizenship Students Teachers Telecommunications and Information Technology
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Statutes: | Article - Environment
(14-107.1, 14-107.2) Article - Public Utilities
(7-704) Article - State Finance and Procurement
(6-226) |
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