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Bill Detail: HB20-1070

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Title Local Government Liable Fracking Ban Oil And Gas Moratorium
Status House Committee on Energy & Environment Postpone Indefinitely (01/27/2020)
Bill Subjects
  • Local Government
House Sponsors P. Buck (R)
Senate Sponsors
House Committee Energy and Environment
Senate Committee
Date Introduced 01/08/2020
Description

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.

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Fiscal Notes Fiscal Notes (08/13/2020) (most recent)  
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