House Bill 676

AN ACT TO ESTABLISH A PROCESS WHEREBY LANDOWNERS MAY REDEEM SEVERED MINERAL RIGHTS; TO REQUIRE CERTAIN OWNERS OF SEVERED MINERAL INTERESTS TO PAY A ONE-TIME SURVEYING FEE AND AN ANNUAL ASSESSMENT PER ACRE FOR ANY SEVERED MINERAL INTEREST THAT EXISTS; TO PROVIDE THAT SUCH ASSESSMENT SHALL NOT BE OVER A CERTAIN AMOUNT; TO PROVIDE THAT SUCH ASSESSMENT AND SURVEYING FEE SHALL BE PAID TO AND COLLECTED BY THE COUNTY; TO PROVIDE THAT ALL PROCEEDS OF THE ASSESSMENT AND SURVEYING FEE SHALL BE RETAINED BY THE COUNTY AND IF A COMMUNITY MENTAL HEALTH CENTER IS LOCATED IN SUCH COUNTY, THEN HALF OF THE PROCEEDS SHALL BE DISTRIBUTED TO SUCH CENTER; TO PROVIDE THAT IF THE OWNERS OF A SEVERED MINERAL INTEREST FAILS TO PAY THE ASSESSMENT OR SURVEYING FEE THEN THE INTEREST SHALL BE SOLD IN THE SAME MANNER AS PRESCRIBED BY STATE LAW FOR THE SALE OF LANDS FOR NONPAYMENT OF TAXES; TO PROVIDE A REDEMPTION PROCESS FOR SEVERED MINERAL INTERESTS SOLD FOR NONPAYMENT OF THE ASSESSMENT OR SURVEYING FEE; TO REQUIRE THAT CHANCERY CLERKS PROVIDE CERTAIN NOTICE DURING THE REDEMPTION PROCESS; TO PROVIDE THAT THE OWNERS OF THE SURFACE ESTATES UNDER WHICH THE SEVERED MINERAL INTERESTS WERE LOCATED SHALL HAVE THE RIGHT, SECONDARILY ONLY TO THE OWNERS OF THE SEVERED MINERAL INTERESTS, TO REDEEM SUCH INTERESTS; TO REQUIRE CHANCERY CLERKS TO CONDUCT TITLE SEARCHES FOR SEVERED MINERAL INTERESTS FOR EVERY OWNER OF FEE SIMPLE INTERESTS EXISTING IN THE COUNTY; TO REQUIRE CHANCERY CLERKS, AFTER LOCATING A SEVERED MINERAL INTEREST, TO RECORD IN THE LAND RECORDS WHERE SUCH INTEREST IS LOCATED; TO AMEND SECTIONS 27-41-79 AND 27-41-81, MISSISSIPPI CODE OF 1972, TO REQUIRE COUNTY TAX COLLECTORS TO TRANSMIT TO CLERKS OF THE CHANCERY COURT ANY LISTS OF ANY SEVERED MINERAL INTERESTS THAT WERE SOLD FOR NONPAYMENT OF THE ASSESSMENT OR SURVEYING FEE; TO AMEND SECTION 9-55-137, MISSISSIPPI CODE OF 1972, TO REQUIRE CHANCERY CLERKS TO KEEP RECORDS OF ALL SEVERED MINERAL INTEREST REGISTRATIONS; TO BRING FORWARD SECTIONS 27-25-501, 27-25-503, 27-25-507, 27-25-509, 27-25-511, 27-25-513, 27-25-517, 27-25-521 AND 27-25-523, MISSISSIPPI CODE OF 1972, WHICH RELATE TO CERTAIN SEVERANCE TAXES FOR OIL, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTIONS 27-25-701, 27-25-703, 27-25-705, 27-25-707, 27-25-709, 27-25-711, 27-25-715, 27-25-719 AND 27-25-721, MISSISSIPPI CODE OF 1972, WHICH RELATE TO CERTAIN SEVERANCE TAXES FOR NATURAL GAS, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTIONS 27-25-303, 27-25-305, 27-25-307 AND 27-25-309, MISSISSIPPI CODE OF 1972, WHICH RELATE TO CERTAIN SEVERANCE TAXES FOR SALT, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 27-31-73, MISSISSIPPI CODE OF 1972, WHICH RELATES TO A CERTAIN EXEMPTION FROM AD VALOREM TAXES, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 27-35-51, MISSISSIPPI CODE OF 1972, WHICH RELATES TO THE ASSESSMENT OF CERTAIN MINERALS FOR AD VALOREM TAXES, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 27-31-1, MISSISSIPPI CODE OF 1972, WHICH RELATES TO CERTAIN PROPERTY EXEMPT FROM AD VALOREM TAXES, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTIONS 27-41-79 AND 27-41-81, MISSISSIPPI CODE OF 1972, WHICH RELATE TO THE COLLECTION OF AD VALOREM TAXES, FOR PURPOSES OF POSSIBLE AMENDMENT; AND FOR RELATED PURPOSES.

In the House of Representatives

• Dirk D. Dedeaux

  Sponsor

l9n doesn't hold this bill's text yet.

In the House of Representatives Jan 13 – Feb 1

1. Jan 13Referred to the House committees on Oil, Gas and Other Minerals and on Ways and Means
2. Feb 1Died in committee in the House