Bill Summary for H 242 (2011-2012)
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Summary date:
Jun 16 2011
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO INCREASE THE AMOUNT OF THE BOND REQUIRED UPON REGISTRATION IN ORDER TO DRILL FOR OIL OR NATURAL GAS IN THE STATE.Intro. by Stone, Gillespie.
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Bill summary
Senate amendment makes the following changes to 5th edition. Deletes provision from previous edition appropriating funds from the General Fund to the Department of Environment and Natural Resources (DENR) to complete the specified study and conduct the public hearings directed in the act. Directs DENR and the Energy Jobs Council to conduct the study in the act in conjunction with the study required by Section 3(a) of Senate Bill 709, 2011 Regular Session, if that bill becomes law. Requires that the outcome of the consolidated studies result, if applicable, in one final report.