Old | New | Differences | |
---|---|---|---|
1 | 1 | 85R12705 JAM-D | |
2 | 2 | By: Alonzo H.B. No. 2713 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to an audit by the comptroller of unpaid oil and gas | |
8 | 8 | royalties held in trust by the Railroad Commission of Texas. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. (a) The comptroller shall conduct an audit of | |
11 | 11 | any unpaid oil or gas royalties held in trust by the Railroad | |
12 | 12 | Commission of Texas. | |
13 | 13 | (b) Not later than January 1, 2019, the comptroller shall | |
14 | 14 | submit to the legislature a report containing the findings of the | |
15 | 15 | audit conducted under this section. For each unpaid non-claimant, | |
16 | 16 | the report must state the name of the payee and the county in which | |
17 | 17 | the land from which the oil or gas was produced is located. | |
18 | 18 | SECTION 2. This Act expires January 2, 2019. | |
19 | 19 | SECTION 3. This Act takes effect September 1, 2017. |