A bill for an act relating to oil and gas production, including filing requirements, the authority of the department of natural resources, confidential information, pooling orders, negotiation of surface damage, imposition and distribution of a tax, and jurisdiction, and providing civil penalties. (Formerly SF 2449, SF 546, SF 268.) Effective date: 07/01/2026.

This bill establishes a severance tax on oil and gas production, with revenues distributed to counties, the road use tax fund, the environment first fund for water quality projects, and the taxpayer relief fund. It also outlines new filing requirements for oil and gas producers, allows for variances to departmental rules, and defines procedures for handling confidential information. Additionally, the bill details processes for negotiating surface damages, establishes state-wide jurisdiction over oil and gas operations while limiting local government regulation, and modifies rules regarding pooling orders for oil and gas interests.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text