Did not become law. It stopped in the Senate's Oil, Gas and Other Minerals Committee on February 19, 2008. The 2008 session has ended.
2008 Regular Session
Senate Bill 2251
Royalty owners; require payment of proceeds within 6 months of first sale.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO REQUIRE PAYMENT OF THE PROCEEDS OF PRODUCTION TO INTEREST OWNERS WITHIN 6 MONTHS OF THE DATE OF FIRST SALE; TO AMEND SECTIONS 53-1-17, 53-3-11 AND 53-3-25, MISSISSIPPI CODE OF 1972, TO PROHIBIT ISSUANCE OF FURTHER PERMITS TO DRILL OIL OR GAS WELLS TO PERSONS WHO HAVE NOT DISTRIBUTED THE PROCEEDS OF PRODUCTION TO INTEREST OWNERS WITHIN 6 MONTHS OF THE DATE OF FIRST SALE; TO AMEND SECTION 53-3-39, MISSISSIPPI CODE OF 1972, TO REVISE THE RATE OF INTEREST PAYABLE TO INTEREST OWNERS UPON SUSPENDED PROCEEDS OF PRODUCTION; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
January 21 to February 19, 2008, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the SenateJan 21 to Feb 19 · stopped29 days
Oil, Gas and Other MineralsJan 21 to Feb 19 · stopped29 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the Senate Jan 21 – Feb 19
- Jan 21Referred to the Senate committee on Oil, Gas and Other Minerals
- Feb 19Died in committee in the Senate
All 2 actions, as published
- Jan 21Referred To Oil, Gas and Other MineralsSenate
- Feb 19Died In CommitteeSenate