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HB17-1124

Local Government Liable Fracking Ban Oil And Gas Moratorium

Concerning a requirement that a local government that interferes with oil and gas operations compensate persons damaged by the interference.
Session:
2017 Regular Session
Subjects:
Local Government
Natural Resources & Environment
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.)

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. P. Buck
Sen. T. Neville

Sponsor

Co-sponsor

The House of Representatives and Senate will not convene on Friday, May 27 and Saturday, May 28

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