Legislature(1993 - 1994)

1993-05-02 Senate Journal

Full Journal pdf

1993-05-02                     Senate Journal                      Page 2039
HB 116                                                                       
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 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" was held to the May           
3 calendar.