HB17-1124
Local Government Liable Fracking Ban Oil And Gas Moratorium
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
| Subjects |
Concerning a requirement that a local government that interferes with oil and gas operations compensate persons damaged by the interference.
Bill Summary:
The bill specifies that a local government that bans hydraulic fracturing of an oil and gas well is liable to the mineral interest owner for the value of the mineral interest and that a local government that enacts a moratorium on oil and gas activities shall compensate oil and gas operators, mineral lessees, and royalty owners for all costs, damages, and losses of fair market value associated with the moratorium.
(Note: This summary applies to this bill as introduced.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/26/2017 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Postpone House Bill 17-1124 indefinitely. | The motion passed on a vote of 6-3. | Vote summary |
| Refer House Bill 17-1124 to the Committee of the Whole. | The motion failed on a vote of 3-6. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 02/22/2017 | House | House Committee on State, Veterans, & Military Affairs Postpone Indefinitely |
| 01/26/2017 | House | Introduced In House - Assigned to State, Veterans, & Military Affairs |