Bill Text: NY A00849 | 2013-2014 | General Assembly | Introduced


Bill Title: Requires recordings of natural gas contracts or leases with county clerk or equivalent official within fifteen days of execution; provides such recordings constitute notice.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2014-01-08 - referred to environmental conservation [A00849 Detail]

Download: New_York-2013-A00849-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                          849
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                      (PREFILED)
                                    January 9, 2013
                                      ___________
       Introduced  by M. of A. ROSENTHAL, ABINANTI -- read once and referred to
         the Committee on Environmental Conservation
       AN ACT to amend the  environmental  conservation  law,  in  relation  to
         recordings of natural gas contracts or leases
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The environmental conservation law is amended by  adding  a
    2  new section 23-0315 to read as follows:
    3  S 23-0315. RECORDING OF NATURAL GAS CONTRACTS AND/OR LEASES.
    4    1.  WITHIN  FIFTEEN  DAYS  OF  EXECUTION, ALL NATURAL GAS CONTRACTS OR
    5  LEASES SHALL BE RECORDED WITH THE COUNTY CLERK'S OFFICE,  OR  EQUIVALENT
    6  OFFICIAL,  IN  THE  COUNTY  IN WHICH THE PROPERTY THAT IS SUBJECT TO THE
    7  CONTRACT OR LEASE, IS SITUATED.
    8    2. SUCH RECORDING SHALL CONSTITUTE NOTICE TO ALL STAKEHOLDERS WITH  AN
    9  INTEREST IN THE PROPERTY.
   10    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD05211-01-3
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