A Report on the Legislative Session Week
I am pleased to send you my Session Wrap Up e-newsletter. This
e-newsletter features events and legislative activities during the Session Week
of January 26, 2015.
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Senate Approves Oil and Gas Lease Protection Bills
The Senate gave final approval Wednesday to two bills intended to protect and
expand the rights of landowners who currently hold leases with natural gas
Senate Bill 147 would expand the Oil and Gas Lease Act by allowing royalty
interest owners the opportunity to inspect records of natural gas companies to
verify proper payments. The bill also requires all royalty payments to be made
within 90 days of production unless otherwise stated in the contract.
Senate Bill 148 would prohibit a gas company from retaliating against a
royalty interest owner by terminating the lease agreement or ceasing development
because a landowner questions the accuracy of the royalty payments.
The Senate also approved
Senate Bill 283 which continues the process to amend the state Constitution
to eliminate the Philadelphia Traffic Court.
All three bills now go to the House of Representatives for consideration.
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