2025 Regular SessionMississippi Legislature

SB2246: 16th Section lands; revise leasing procedure for leases for oil, gas and mineral explorations.

Legislative Summary

An Act To Amend Section 29-3-99, Mississippi Code Of 1972, To Revise And Modernize Certain Procedures For The Leasing Of Sixteenth Section Land For Oil, Gas, Clay, Dirt, And Other Liquid And Gaseous Mineral Exploration; To Set A Minimum Per Acre Price For Such Leases; To Set A Minimum Royalty To Be Paid For Any Oil, Gas And Coal That Is Produced From Such Land; To Require That Certain Notice Be Published In The Newspaper In The County Wherein The Land Is Situated; To Revise Certain Bidding Procedures; And For Related Purposes.

Demographic Impact

Overall analysis of equity impact

Neutral
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Bill History

1/20/2025
Referred To Education
Senate
2/4/2025
Died In Committee
Senate

Status Information

Current Status
Failed(2/4/2025)
Chamber
Senate

Sponsors

Republican: 1

Primary Sponsor

Joel Carter
Joel Carter
Republican

Documents

Introduced
Bill Text1/21/202517.7 KB