Legislature(1993 - 1994)

1993-03-16 House Journal

Full Journal pdf

1993-03-16                     House Journal                      Page 0670
HB 116                                                                       
Representative Brice added his name as cosponsor to:                           
CS FOR HOUSE BILL NO. 116(FIN)                                                
"An Act relating to royalty gas contracts, amending the manner of             
determining the royalty received by the state on gas production,               
and directing the commissioner of natural resources to accept,                 
under certain circumstances, the contract price agreed to between              
a lessee of federal land and a gas or electric utility as the value of         
the federal government's royalty share from natural gas production             
on federal land from which the state is entitled under applicable              
federal law to receive a share of the royalty on gas production; and           
providing for an effective date."