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CO HB1289

Bill

Status

Failed

5/2/2018

Primary Sponsor

Mike Foote

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Exempts school districts and local governments that own mineral rights on designated open space from forced pooling orders, provided the mineral rights were acquired before the pooling application was filed

  • Defines "local government" to include counties, cities, municipalities, towns, school districts, local college districts, local improvement and service districts, special districts, and other independent local entities with taxing or assessment authority

  • Allows exempted entities to continue engaging in voluntary pooling arrangements with other mineral rights owners

  • Takes effect August 8, 2018, and applies only to pooling orders entered on or after the effective date

  • Subject to referendum petition; if challenged, requires voter approval at the November 2018 general election to take effect

Legislative Description

Exempt Local Government School Districts Forced Pooling

Last Action

Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely

5/2/2018

Committee Referrals

State, Veterans, & Military Affairs5/1/2018
Appropriations4/26/2018
Transportation and Energy3/8/2018

Full Bill Text

No bill text available