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MS SB2113

Bill

Status

Failed

2/23/2016

Primary Sponsor

Briggs Hopson

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Creates a regulatory division of the Oil and Gas Board with duties to enforce regulations, investigate misconduct, and impose administrative penalties against violators.

  • Requires the State Oil and Gas Supervisor to mandate oil companies operating in Mississippi disclose contract information and division order computations upon request from owners.

  • Establishes staffing for the regulatory division including at least one attorney licensed in Mississippi with oil and gas law expertise and at least one investigator with administrative law experience.

  • Sets maximum administrative penalties at $500 per day per violation, with fines deposited into a new Oil and Gas Board Regulatory Division Fund for operational funding.

  • Creates the Oil and Gas Board Regulatory Division Fund as a continuing special fund in the State Treasury, funded by legislative appropriations, administrative fines, federal funds, and donations.

Legislative Description

Oil and Gas Board; create regulatory division to protect interest-owner rights.

Last Action

Died In Committee

2/23/2016

Committee Referrals

Accountability, Efficiency, Transparency2/1/2016

Full Bill Text

No bill text available