The House Environmental Resources and Energy Committee announced Monday the October 9 meeting to consider Senate Bill 138 (Yaw-R-Lycoming) providing oil and gas royalty interest landowners access to records of drilling companies to verify proper payment of royalties (sponsor summary) would be postponed to a later date to be announced by the Committee Majority Chair Rep. John Maher (R-Allegheny).
The General Assembly has been wrestling with the issues surrounding Act 60 of 1979 which set a guaranteed minimum royalty of not less than 12.5 percent for royalty interest landowners and whether post-production costs should be deducted from that amount.
Click Here for more background on the issue.
Rep. John Maher (R-Allegheny) serves as Majority Chair of the House Environmental Committee and can be contacted by calling 717-783-1522 or sending email to: jmaher@pahousegop.com. Rep. Mike Carroll serves as Minority Chair and can be contacted by calling 717-787-3589 or sending email to: mcarroll@pahouse.net.
No comments:
Post a Comment