HB1034 Summary

• Appropriates $4,389,565 from the Oil and Gas Commission Fund for personal services and operating expenses for fiscal year 2012-2013, including $1,935,531 for regular salaries and $601,020 for personal services matching.

• Establishes maximum of 40 regular employees for the Oil and Gas Commission with specific positions including director ($110,059), deputy director ($100,610), engineers, geologists, inspectors, and administrative staff.

• Authorizes up to 10 temporary or part-time "Extra Help" employees at rates not exceeding those in the Uniform Classification and Compensation Act, with $100,000 allocated for this purpose.

• Appropriates $500,000 from cash funds for refunds and reimbursements, and $1,500,000 from the Abandoned and Orphaned Well Plugging Fund for well plugging program expenses.

• Requires quarterly reporting to the Arkansas Legislative Council on Fayetteville Shale inspections, hearings, findings, orders, fines, and enforcement actions, with reports due by the 15th day following each quarter end.