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TX HB5106

Bill

Status

Introduced

3/13/2025

Primary Sponsor

Jon Rosenthal

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Allows payees who are asked to sign a lease ratification, pooling agreement, unit designation, or division order to request a copy of the underlying document from the payor in writing

  • Requires payors to respond to document requests within 14 days of receiving the request

  • Releases payees from the obligation to sign ratification documents or division orders if the payor fails to respond to the document request within the required timeframe

  • Entitles payees to receive payment even without signing a division order if the payor fails to provide requested documents

  • Requires payors to include a statement describing payees' rights to request documents whenever asking a payee to ratify a lease, pooling agreement, unit designation, or sign a division order

  • Effective date: September 1, 2025

Legislative Description

Relating to the information a payor of the proceeds of production from an oil and gas well is required to provide a payee.

Oil & Gas

Last Action

Left pending in committee

4/14/2025

Committee Referrals

Energy Resources4/7/2025

Full Bill Text

No bill text available