SB 1434 – Modifies provisions relating to the destribution of revenue from mineral mining on federal land

• Sponsor: Thompson Rehder
• LR Number: 5666S.01I
• Committee: General Laws
• Last Action: 3/7/2024 - Second Read and Referred S General Laws Committee
• Journal Page: S474
• Effective Date: August 28, 2024

Current Bill Summary

SB 1434 - Currently, 15% of all proceeds from mineral mining extracted from national forest reserves shall be split equally between counties where there is no mining. Under the act, the 15% of all proceeds shall be split equally between counties where a national forest is situated.

JULIA SHEVELEVA

Amendments

No Amendments Found.