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MO HB2862

MO HB2862
Provides that mineral rights revert to the landowner if unused for twenty years


summary

Introduced
03/01/2022
In Committee
03/24/2022
Crossed Over
Passed
Dead
05/13/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT To amend chapter 444, RSMo, by adding thereto one new section relating to mineral interests.

AI Summary

This bill amends Missouri state law to provide that mineral rights (including coal, oil, gas, and other minerals) will revert to the current surface landowner if they are unused for a period of 20 years, unless the mineral rights owner files a statement of claim to continue the mineral rights. Specific actions like production, injection/withdrawal operations, payment of royalties, or tax payments can be used to demonstrate that the mineral rights are being used and therefore will not lapse. The bill also outlines the process for providing notice to the mineral rights owner if the rights lapse, and requires the recorder of deeds to document the filing of any statements of claim or notices.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Conservation and Natural Resources Hearing (15:00 5/3/2022 House Hearing Room 1) (on 05/03/2022)

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