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Bill would let state land board cancel leases if lessee aims to block resource development
Summary
Senate Bill 2302 would give the Board of University and School Lands authority to cancel state mineral leases if a lessee is found to have bid or held a lease with the intent to prevent development of the minerals, witnesses told the House Energy and Natural Resources Committee.
Senate Bill 2302 would add authority for the Board of University and School Lands to cancel state leases when evidence shows a lessee intends to “hinder or block development of the resources,” sponsors and agency witnesses told the House Energy and Natural Resources Committee.
Sen. Dale Patton, sponsor of the bill, said the measure contains clarifying language requested by the Department of Trust Lands and a provision that addresses efforts in other states where…
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