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Committee restores a 10-year audit lookback for mineral-leases
3297221 · May 13, 2025
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Summary
The committee approved an in-concept amendment to set the audit prescription period for certain mineral lease payments at 10 years and reported SB168 as amended.
The House Civil Law and Procedure Committee on May 13 approved an in-concept amendment to Senate Bill 168 that sets a 10-year prescription (audit lookback) period for bonuses, rentals, royalties and similar payments under state mineral leases.
Representative Neil…
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