Kentucky House Bill 348 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 12 2013 - 25% progression, died in committee
Action: 2013-02-13 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]

Amend KRS 353.190 to require an oil or natural gas well operator to post a reclamation bond to guarantee the completion of the reclamation plan for the well site; specify the separate requirements for plugging bonds and reclamation bonds; clarify that bond alternatives held in lieu of plugging and reclamation bonds shall go to their respective funds when forfeited; establish a procedure for the forfeiture of reclamation bonds separate from the forfeiture procedure for plugging bonds; establish the oil and gas well reclamation fund to receive forfeited reclamation bonds, which is separate from the oil and gas well plugging fund; require the department to only expend forfeited bond amounts for the completion of the corresponding reclamation plan for the well site for which the reclamation bond was posted; amend KRS 353.5901 to require reclamation plans for all oil and gas well sites, regardless of whether there has been a complete severance of ownership of the oil and gas from the surface ownership; require oil and gas well site reclamation plans to incorporate best management practices; require a signed agreement by all surface owners and co-owners to complete the reclamation plan before a permit to drill, deepen, or reopen the well may be issued; amend KRS 353.180, KRS 353.592, and KRS 353.730 to conform.

AN ACT relating to the reclamation of oil and gas well sites and making an appropriation therefor.

Rep. Jim Gooch [R]

Date	Chamber	Action
2013-02-13	House	to Appropriations & Revenue (H)
2013-02-12	House	introduced in House

Type	Source
Summary	http://www.lrc.ky.gov/record/13RS/HB348.htm
Text	http://www.lrc.ky.gov/record/13RS/HB348/bill.doc