Legislature(1993 - 1994)

1993-07-21 House Journal

Full Journal pdf

1993-07-21                     House Journal                      Page 1940
HB 116                                                                       
The following was enrolled, signed by the Speaker and Chief Clerk,             
President and Secretary of the Senate, and the engrossed and enrolled          
copies were transmitted to the Office of the Governor at 2:45 p.m.,            
May 19, 1993:                                                                  
CS FOR HOUSE BILL NO. 116(FIN)(title am)                                      
"An Act 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                  

1993-07-21                     House Journal                      Page 1941
HB 116                                                                       
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."