HB 5105

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 5105 imposes a requirement on payors of proceeds from oil and gas production to notify payees when payments are suspended for reasons other than those specified in current law. The bill establishes a 30-day deadline for notification and mandates that payors pay interest on delayed payments if they fail to comply​.
Author (1)
Jon Rosenthal
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