Mississippi Senate Bill 2766 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 4 2014 - 100% progression
Action: 2014-02-04 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

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.

Nonproducing minerals; annual assessment.

Sen. Haskins Montgomery [D]

Date	Chamber	Action
2014-02-04	Senate	Died In Committee
2014-01-20	Senate	Referred To Energy;Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/SB/SB2766.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/SB/2700-2799/SB2766IN.htm