SLS 12RS-802 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, 2012 SENATE BILL NO. 480 BY SENATOR CORTEZ MINERALS. Provides relative to the mineral lease and notice of breach. (8/1/12) AN ACT1 To enact R.S. 31:136.1, relative to mineral leases; to provide relative to notice and2 opportunity to comply with lease conditions to restore property; to provide terms,3 conditions, and requirements; and to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 31:136.1 is hereby enacted to read as follows: 6 ยง136.1. Written notice; requirement and effect on claims for surface or7 subsurface damages or dissolution of lease8 In an action for restoration of the surface or damages for surface or9 subsurface damages alleged to have occurred from surface mineral activity, the10 lessor or surface owner of land subject to a mineral lease shall give mineral11 lessees written notice of the asserted breach to perform or alleged damage to the12 property and allow a reasonable time for performance by the lessees as a13 prerequisite to a judicial demand for damages or dissolution of the lease.14 SB NO. 480 SLS 12RS-802 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 McHenry Lee. DIGEST Proposed law provides that in an action for restoration of the surface or subsurface damages alleged to have occurred from surface mineral activity, the lessor or surface owner of the land is required to give mineral lessees written notice of the asserted breach to perform alleged damage to the property and allow a reasonable time for performance by the lessees as a prerequisite to a judicial demand for damages or dissolution of the lease. Effective August 1, 2012. (Adds R.S. 31:136.1)