Amends environmental conservation law to exempt municipalities from taxes, fees, and liability for gas and oil wells.
Amends the environmental conservation law to clarify that a municipality electing integrated non-participating owner status in gas and oil wells is exempt from obligations for taxes, charges, fees, and liability for personal injury or damages. The operator must hold the municipality harmless and indemnify it in any action for damages arising from its status as an integrated non-participating owner. The municipality is also exempt from any other law to the contrary. The act takes effect immediately.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.