Loading chat...
ND SB2312
Bill
Status
Passed
3/28/2013
Primary Sponsor
Howard Anderson
Click for details
AI Summary
- Amends North Dakota Century Code section 15-05-01 regarding coal leases on state lands controlled by the board of university and school lands
- Sets minimum royalty requirements at 15 cents per ton or 6 percent of the price per ton of coal, whichever is greater, applicable only to coal actually mined and saved
- Allows the board to lease land or coal for prospecting and mining at an annual rental of not less than $1 per acre per year, with rental payments not deductible from accrued royalties
- Authorizes the board to adjust royalties on existing coal leases as the board determines fair and in the best interest of the state
- Passed Senate 47-0 and House 92-1 during the 2013 regular session
Legislative Description
Coal leases on state land.
Last Action
Signed by Governor 03/27
3/28/2013
Committee Referrals
Energy and Natural Resources2/21/2013
Natural Resources1/25/2013
Full Bill Text
No bill text available