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CA AB706
Bill
AI Summary
- Removes requirement for Attorney General approval of mineral permits and leases issued by the State Lands Commission
- Authorizes the commission to grant nonexclusive geological or geophysical exploration permits for minerals without giving permittees preferential treatment
- Replaces permittee's automatic entitlement to a mining lease with a 365-day priority period to apply for a lease after discovering commercially valuable mineral deposits
- Changes annual rental payments from a minimum of $1 per acre to fair market value as determined by the commission
- Eliminates lessee's preferential right to renew leases for successive periods and removes requirement for permittees to mark tract corners within 90 days of receiving a permit
Legislative Description
Leasing of public lands: minerals other than oil and gas.
Last Action
Chaptered by Secretary of State - Chapter 120, Statutes of 2023.
7/27/2023
Committee Referrals
Appropriations6/22/2023
Natural Resources and Water5/31/2023
Rules5/23/2023
Appropriations3/28/2023
Natural Resources2/23/2023
Full Bill Text
No bill text available