Bill > SB0140

This bill amends a section of Michigan's Natural Resources and Environmental Protection Act related to fees collected from oil and gas production. The bill increases the maximum fee for monitoring, surveillance, enforcement, and administration of oil and gas activities from 1% to 2% of the gross cash market value of oil and gas produced in the state. The fee will be collected by the Department of Treasury and its calculation will depend on the fund balance at the end of the previous fiscal year. If the fund balance is less than $7 million, the fee will be 2% of the gross cash market value or an amount calculated to bring the fund to $7 million. If the fund balance is $7 million or more, the fee will be calculated as a ratio between the appropriation and the estimated total gross cash market value of oil and gas production. The bill also makes several technical changes to the language, such as replacing "shall" with "must" and adding specific timing requirements for various administrative steps. The goal of these changes appears to be providing more precise guidance for fee calculation and ensuring adequate funding for monitoring and enforcing oil and gas regulations.

Agriculture and Natural Resources

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0140