MS SB2710 | 2015 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on February 12 2015 - 100% progression
Action: 2015-02-12 - Died In Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

An Act To Provide An Annual Assessment On Nonproducing Mineral Estates That Are Owned By Someone Other Than The Owner Of The Surface Rights Of The Land; To Provide That The Title To The Nonproducing Mineral Estate Shall Revert To The State Of Mississippi Upon Failure Of The Owner To Pay The Assessment For A Period Of Three Years; To Provide That The Owner Of The Surface Rights To The Land May Redeem The Nonproducing Mineral Estate; To Provide The Procedure For Notice And Redemption Of The Nonproducing Mineral Estate; To Provide That Mineral Estates Separated From The Surface Estate Shall Revert To The Owner Of The Surface Estate After Ten Years Of Nonproduction; To Define Nonproduction; To Provide That The Owners Of Such Mineral Estates Shall Have An Exclusive Option To Renew The Agreement Creating The Mineral Estate; And For Related Purposes.

Tracking Information

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Title

Nonproducing minerals; annual assessment.

Sponsors


History

DateChamberAction
2015-02-12SenateDied In Committee
2015-02-12SenateRecommitted to Committee
2015-01-28SenateTitle Suff Do Pass Comm Sub
2015-01-19SenateReferred To Energy

Mississippi State Sources


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