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Summary: HB 724 would establish a commission to investigate the unclaimed mineral deposits. The commission would be tasked with finding the most effective way to ensure that proceeds are paid out to the rightful heirs of the mineral rights.
Analysis: This commission would be created for a fixed period of time and expenses would not be reimbursed to the commissioners. This legislation would help to ensure that Texans receive their due compensation from proceeds related to mineral extraction. We support HB 724.