Natural gas regulations. |
12LSO-0175.L2 |
FISCAL NOTE
Source of revenue decrease: Severance tax exemption for stripper gas production
Assumptions:
This bill states that the Oil & Gas Conservation Commission, the Department of Environmental Quality, and the Office of State Lands & Investments shall not plug or allow or cause another to plug coalbed methane wells under their authority, unless doing so is necessary to do the following:
The section of the bill creating a moratorium on the plugging of coalbed methane wells is repealed effective June 30, 2015.
NOTICE-AGENCY ESTIMATE OF ADMINISTRATIVE IMPACT REQUESTED
This bill has administrative impact that appears to increase (or decrease) duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements. As introduced, the bill does not modify any state agency budget or current personnel authorizations. The following state agencies will be asked to provide their estimate of the administrative fiscal impact prior to the first committee meeting held to consider the bill: Oil & Gas Conservation Commission Office of State Lands & Investments Department of Revenue |
Prepared by: Dean Temte, LSO Phone: 777-7881
(Information provided by Tom Doll, Oil & Gas Conservation Comm.; 307-234-7147:
Harold Kemp, Office of State Lands & Investments; 777-6643:
Craig Grenvik, Department of Revenue; 777-5237)