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Conservation & Energy corrections bill draws testimony warning it could allow lower mineral royalties
Summary
During consideration of SB 379, a technical Department of Conservation and Energy follow-up bill, the Alliance for Affordable Energy warned language in an earlier draft could permit the State Mineral and Energy Board to set minimum royalties below current levels; sponsors adopted technical amendments and the bill was reported favorable.
The House Natural Resources Committee adopted technical amendment sets and reported Senate Bill 379 favorable on May 11, but the bill’s consideration featured pointed public testimony about potential fiscal effects.
Chairman Henskins described SB 379 as a cleanup to last year’s department reorganization, replacing obsolete statutory references and clarifying the secretary’s authorities. The committee adopted two amendment packages that, among other things, adjusted investment language and added requirements for posting department determinations and clarifying intervention rights in judicial review of administrative actions.
Peter Kelly, representing the Alliance for…
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