A BILL for an Act to provide for a legislative management study of the oil and gas tax revenue allocation formulas.

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Plain-English Summary

This bill requires the legislative management to study how oil and gas tax money is divided. The study will look at how much money has been given to local governments in the past and how much they should get in the future, based on the impact of oil and gas development. The results and any suggested changes will be given to the legislature in 2027.

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