WV HB2722 | 2015 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Republican 7-1)
Status: Introduced on February 13 2015 - 25% progression, died in committee
Action: 2015-02-20 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 13 2015 - 25% progression, died in committee
Action: 2015-02-20 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to require oil and gas lessees to make royalty payments within one hundred twenty days of production. The bill provides for interest. The bill provides for a complaint to be filed. The bill grants the Secretary of the Department of Environmental Protection with the authority to suspend an oil and gas permit if royalty payments are not timely made.
Title
Requiring oil and gas lessees to make royalty payments within one hundred twenty days of production
Sponsors
| Del. William Anderson [R] | Sen. Bill Hamilton [R] | Del. Anna Border-Sheppard [R] | Del. Denny Canterbury [R] |
| Del. William Romine [R] | Del. David Evans [R] | Del. Danny Hamrick [R] | Del. Jeff Eldridge [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-20 | House | To House Finance |
| 2015-02-20 | House | With amendment, do pass, but first to Finance |
| 2015-02-13 | House | To House Energy |
| 2015-02-13 | House | Introduced in House |
| 2015-02-13 | House | To Energy then Finance |
| 2015-02-13 | House | Filed for introduction |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 22 | 6 | 2 | Amended Code | Citation Text |
| 36 | 4 | 9b | New Code | See Bill Text |
