Bill Summary for H 242 (2011-2012)

Summary date: 

Jun 16 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 242 (Public) Filed Monday, March 7, 2011
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.

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