SLS 10RS-446 ORIGINAL
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010
SENATE BILL NO. 184
BY SENATOR N. GAUTREAUX
NATURAL RESOURCES DEPT. Provides relative to the disposition of certain funds
payable to the state as the lessor of certain mineral leases. (8/15/10)
AN ACT1
To enact R.S. 30:136(D), relative to the State Mineral and Energy Board; to provide relative2
to the disposition of certain funds payable to the state as the lessor of certain mineral3
leases; to provide for reimbursement of certain monies to the Mineral Resources4
Operation Fund; to provide terms and conditions; and to provide for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 30:136(D) is hereby enacted to read as follows: 7
ยง136. Funds, disposition and appropriation of; penalties8
* * *9
D. Of revenues received in each fiscal year by the state through10
judgments or settlements, even if a civil action is not commenced, resulting from11
underpayment to the state of severance taxes, royalty payments, bonus12
payments, rentals, shut-in payments or other sums payable to the state as lessor13
under the terms of a valid mineral lease, an amount equal to the actual costs14
expended from the Mineral Resources Operation Fund and any attorney fees15
incurred shall be deposited into the Mineral Resources Operation Fund.16 SB NO. 184
SLS 10RS-446 ORIGINAL
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by J. W. Wiley.
DIGEST
Present law provides for the payment of bonuses, rentals, royalties, shut-in payments, or
other sums payable to the state as the lessor under the terms of valid existing mineral leases
entered into by the state and under the supervision of the State Mineral and Energy Board.
Proposed law provides that of revenues received in each fiscal year by the state through
judgments or settlements, even if a civil action is not commenced, resulting from
underpayment to the state of severance taxes, royalty payments, bonus payments, rentals,
shut-in payments or other sums payable to the state as lessor under the terms of a valid
mineral lease, an amount equal to the actual costs expended from the Mineral Resources
Operation Fund and any attorney fees incurred will be deposited into the Mineral Resources
Operation Fund.
Effective August 15, 2010.
(Adds R.S. 30:136(D))