Senate Transportation and Energy Hearing
Finance and Taxation at 08:30:00
This bill would authorize the State Oil and Gas Board to allow an oil or gas well to be converted into an alternative energy facility.
This bill would authorize the board to amalgamate rights to alternative energy resources under certain circumstances.
This bill would provide specifically for active and inactive facilities.
This bill would authorize the board to adopt rules and set fees for the conversion and operation of facilities.
This bill would also provide required conduct of facility operators.
Under existing law, the Commissioner of Conservation and Natural Resources may lease lands under the jurisdiction of the department for the exploration, development, and production of oil, gas, and other minerals.
This bill would add to the purposes for which the commissioner may lease these lands the exploration, development, and production of other energy sources and related uses.
This bill would also authorize the commissioner to modify the renewal and extension terms of these SB174 INTRODUCED leases.
Pending Senate Transportation and Energy
Read for the first time and referred to the Senate Committee on Transportation and Energy
Finance and Taxation at 08:30:00
Source: Alabama Legislature