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HB 431: Development of Oil and Gas Resources

GENERAL BILL by Broxson

Development of Oil and Gas Resources; Authorizes Board of Trustees of the Internal Improvement Trust Fund to enter into public-private partnership with business entity to develop oil & gas resources on certain onshore state lands under specified conditions; provides that financial, technical, & operational risk of exploration, development, & production of gas & oil resources is responsibility of private entity; provides for proposals & contracts.

Effective Date: upon becoming a law
Last Action: 2/20/2013 House - Withdrawn prior to introduction -HJ 53
Location: Withdrawn from consideration
Bill Text: PDF



Bill History

Date Chamber Action
1/22/2013 House • Filed
1/30/2013 House • Referred to Energy and Utilities Subcommittee; Appropriations Committee; Regulatory Affairs Committee
2/20/2013 House • Withdrawn from Energy and Utilities Subcommittee; Appropriations Committee; Regulatory Affairs Committee
• Withdrawn prior to introduction -HJ 53