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MS HB1175

MS HB1175
Chancery court clerk fees; revise those charged for recording oil and gas assignments.


summary

Introduced
02/17/2020
In Committee
05/12/2020
Crossed Over
03/05/2020
Passed
06/22/2020
Dead
Signed/Enacted/Adopted
06/29/2020

Introduced Session

2020 Regular Session

Bill Summary

An Act To Amend Section 25-7-9, Mississippi Code Of 1972, To Revise Chancery Court Clerk Fees Charged For Recording Each Oil And Gas Assignment; And For Related Purposes.

AI Summary

This bill amends Section 25-7-9 of the Mississippi Code of 1972 to revise the chancery court clerk fees charged for recording oil and gas assignments. The key provisions are: 1. The fee for recording the first 5 pages of an oil and gas lease, cancellation, etc. is increased from $18 to $25. 2. A new fee of $25 is introduced for recording the first 5 pages of an oil and gas assignment, amendment of assignment, or release, plus an additional $18 fee per assignee. 3. The fee for entering marginal notations on oil and gas documents is set at $4 per book and page. 4. The "recording each oil and gas assignment per assignee" fee is removed, and a new $1 "archive fee" is introduced. The bill aims to update the fees charged by chancery court clerks for recording various oil and gas-related documents.

Committee Categories

Agriculture and Natural Resources, Government Affairs

Sponsors (2)

Last Action

Approved by Governor (on 06/29/2020)

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