BILL NUMBER: AB 1467 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Bass
FEBRUARY 27, 2009
An act to amend Section 3401 of the Public Resources Code,
relating to natural resources.
LEGISLATIVE COUNSEL'S DIGEST
AB 1467, as introduced, Bass. Natural resources: oil and gas
operations: charge on production.
Existing law imposes an annual charge upon each person operating
or owning an interest in an oil or gas well in respect to the
production of the well which charge is payable to the State
Treasurer. Existing law provides that these charges shall be used
exclusively for the support and maintenance of the Division of Oil,
Gas, and Geothermal Resources in the Department of Conservation.
This bill would make technical, nonsubstantive changes to that
provision.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 3401 of the Public Resources Code is amended to
read:
3401. The proceeds of charges a charge
levied, assessed, and collected pursuant to this article upon
the properties property of
every a person operating or owning an interest in
the production of any a well shall be
used exclusively for the support and maintenance of the division of
the department charged with the supervision of oil and gas
operations.