Bill

Bill > H0547


ID H0547

ID H0547
Amends existing law to revise provisions regarding locator work and the lease of certain mineral rights in state lands and to provide the terms and conditions of certain mineral leases.


summary

Introduced
02/24/2020
In Committee
03/10/2020
Crossed Over
03/02/2020
Passed
Dead
Signed/Enacted/Adopted
03/20/2020

Introduced Session

2020 Regular Session

Bill Summary

MINERAL RIGHTS -- Amends existing law to revise provisions regarding locator work and the lease of certain mineral rights in state lands and to provide the terms and conditions of certain mineral leases.

AI Summary

This bill amends existing law to revise provisions regarding locator work and the lease of certain mineral rights in state lands, and to provide the terms and conditions of certain mineral leases. The key changes include: allowing for mineral leases of up to 20 years, rather than 10 years; requiring mineral leases to continue if certain conditions are met, such as the lessee conducting exploration or mining operations; limiting the fees and payments that can be charged to lessees; and requiring the state to engage in good faith mediation with lessees if lease terms cannot be readjusted upon expiration.

Committee Categories

Agriculture and Natural Resources, Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Ways and Means Committee (House)

Last Action

Reported Signed by Governor on March 24, 2020 Session Law Chapter 341 Effective: 03/24/2020 (on 03/20/2020)

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