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Senate committee hears bill to bar counties from requiring cash bonds for pipeline construction
Summary
House Bill 206 would prohibit counties from requiring a cash bond as a condition of approval for pipeline construction while allowing alternative financial assurances such as performance bonds.
House Bill 206 would prohibit counties from requiring a cash bond as a condition of approval for pipeline construction while preserving counties\' ability to seek other financial assurances, supporters told the Senate Committee on Natural Resources on Oct. 12.
The bill\'s sponsor, Senator Birdwell, told the committee that "some counties have begun imposing a cash bond requirement as a condition of approval for the construction of a pipeline," which can create "an undue financial…
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