Legislation
- Title
- Environment - Natural Gas and Oil Interest Restitution Fund
- Sponsored by
- Senator Edwards
- Status
- In the Senate - Unfavorable Report by Education, Health, and Environmental Affairs
- Analysis
- Fiscal and Policy Note
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.
Committees
Details
Cross-filed with: HB1461
Bill File Type: Regular
Effective Date(s): June 1, 2017
Contingency - on a contingency described in Sec. 3 of the bill
History
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File Code
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Subjects
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Statutes
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(
14-107.1, 14-107.2 )
(
7-704 )
(
6-226 )
Last Updated: 2/3/2020 2:35 PM