SB18-192

SB18-192 - Local Government Liable Fracking Ban Oil And Gas Moratorium

Postponed Indefinitely
Concerning a requirement that a local government that interferes with oil and gas operations compensate persons damaged by the interference.

The bill specifies that a local government that bans hydraulic fracturing of an oil and gas well is liable to the mineral interest owner for the value of the mineral interest and that a local government that enacts a moratorium on oil and gas activities shall compensate oil and gas operators, mineral lessees, and royalty owners for all costs, damages, and losses of fair market value associated with the moratorium.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

Latest update: April 18, 2018
04/18/2018 - House Committee on State, Veterans, & Military Affairs Postpone Indefinitely
04/03/2018 - Introduced In House - Assigned to State, Veterans, & Military Affairs
03/29/2018 - Senate Third Reading Passed - No Amendments
03/28/2018 - Senate Second Reading Passed - No Amendments
03/27/2018 - Senate Second Reading Laid Over Daily - No Amendments
03/22/2018 - Senate Committee on Agriculture, Natural Resources, & Energy Refer Unamended to Senate Committee of the Whole
03/15/2018 - Senate Committee on Agriculture, Natural Resources, & Energy Witness Testimony and/or Committee Discussion Only
03/05/2018 - Introduced In Senate - Assigned to Agriculture, Natural Resources, & Energy