Mississippi Legislature

1998 Regular Session

House Bill 111

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Nonproducing mineral estates; provide for redemption by surface owner of land.

History of Actions:

101/06/98(H)Referred To Oil, Gas and Other Minerals
202/03/98(H)Died In Committee

Background Information:

Effective dateNO EFFECTIVE DATE
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredYes

House Committee:

Principal Author: Dedeaux

Title: AN ACT TO PROVIDE AN ANNUAL ASSESSMENT ON NONPRODUCING MINERAL ESTATES THAT ARE OWNED BY SOMEONE OTHER THAN THE OWNER OF THE SURFACE RIGHTS OF THE LAND; TO PROVIDE THAT THE TITLE TO THE NONPRODUCING MINERAL ESTATE SHALL REVERT TO THE STATE OF MISSISSIPPI UPON FAILURE OF THE OWNER TO PAY THE ASSESSMENT FOR A PERIOD OF THREE YEARS; TO PROVIDE THAT THE OWNER OF THE SURFACE RIGHTS TO THE LAND MAY REDEEM THE NONPRODUCING MINERAL ESTATE; TO PROVIDE THE PROCEDURE FOR NOTICE AND REDEMPTION OF THE NONPRODUCING MINERAL ESTATE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/03/98 at 18:28.



End Of Document

1998/History/HB\HB0111.htm