VA SB1268 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 7 2019 - 25% progression, died in chamber
Action: 2019-01-29 - Passed by indefinitely in Finance (15-Y 1-N)
Text: Latest bill text (Prefiled) [HTML]

Summary

Gas or oil drilling units; escrowed proceeds; Coalfield Region Elderly Assistance Fund; Coalfield Region Tourism Fund. Provides that proceeds of certain gas or oil wells, escrowed because the owner's identity and location remain unknown, shall be presumed abandoned and paid into the Coalbed Region Elderly Assistance Fund (the Elderly Fund), established by the bill. The bill directs the Virginia Gas and Oil Board to make grants to nonprofit organizations for the support of elderly residents of the region. Current law requires such escrowed proceeds to be disposed of pursuant to the Uniform Disposition of Unclaimed Property Act.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Gas or oil drilling units; escrowed proceeds, Coalfield Region Elderly Assistance Fund.

Sponsors


Roll Calls

2019-01-29 - Senate - Senate: Passed by indefinitely in Finance (15-Y 1-N) (Y: 15 N: 1 NV: 0 Abs: 0) [PASS]
2019-01-24 - Senate - Senate: Reported from Agriculture, Conservation and Natural Resources (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-01-29SenatePassed by indefinitely in Finance (15-Y 1-N)
2019-01-24SenateRereferred to Finance
2019-01-24SenateReported from Agriculture, Conservation and Natural Resources (15-Y 0-N)
2019-01-07SenateReferred to Committee on Agriculture, Conservation and Natural Resources
2019-01-07SenatePrefiled and ordered printed; offered 01/09/19 19101432D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
451361.21(n/a)See Bill Text
451361.21:2(n/a)See Bill Text
451361.22:2(n/a)See Bill Text
451361.22:3(n/a)See Bill Text

Virginia State Sources


Bill Comments 750

feedback