Legislation
- Title
- Maryland Dormant Minerals Interests Act - Use of Mineral Interest - Clarification
- Sponsored by
- Senator Edwards
- Status
- Approved by the Governor - Chapter 399
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Clarifying that when an owner of a mineral interest takes a specified action for a mineral that is part of a mineral interest, the action constitutes use of the entire mineral interest owned by that owner; establishing that payment of specified taxes by an owner of a mineral interest constitutes use of the entire mineral interest that is taxed and specified other mineral interests that are not taxed; and establishing that a specified judgment or decree constitutes use of the specified mineral interest.
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15-1203 )
Last Updated: 2/3/2020 2:29 PM