Bill Summary for S 615 (2011-2012)
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Summary date:
Apr 14 2011
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO (1) INCREASE THE AMOUNT OF THE BOND REQUIRED UPON REGISTRATION IN ORDER TO DRILL FOR OIL OR NATURAL GAS IN THE STATE AND (2) DIRECT THE DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES TO STUDY THE ISSUE OF OIL AND GAS EXPLORATION IN THE STATE, AND SPECIFICALLY THE USE OF HYDRAULIC FRACTURING FOR THAT PURPOSE.Intro. by Atwater, Blake.
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Bill summary
Amends GS 113-378 to increase bond for oil and gas drilling to $10,000 (was $5,000). Directs DENR to study oil and gas exploration and to report findings and recommendations to the Environmental Review Commission no later than October 1, 2011.