HB 129

85(R) - 2017
House Energy Resources
Senate Natural Resources & Economic Development
House Energy Resources
Senate Natural Resources & Economic Development
Natural Resources
Oil & Gas

Vote Recommendation

  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral


Tom Craddick


Craig Estes

Bill Caption

Relating to the manner in which a payor of proceeds derived from the sale of oil or gas production is required to provide certain information to a royalty interest owner.

Fiscal Notes

No significant fiscal implication to the State is anticipated.

Bill Analysis

Under current law, the payors of oil and gas royalties can send important information (regarding sales, taxes, deductions, and lease identification) on a monthly basis. HB 129 would require written consent to be granted by royalty interest holders before payors may send such information by a means other than remittance advice (such as check stubs).

Vote Recommendation Notes

HB 129 neither uplifts nor offends our liberty principles, therefore we remain neutral.

Organizations Supporting

Chesapeake Energy
Concho Resources Inc.
Devon Energy
Occidental Petroleum
Permian Basin Petroleum Association
Texas Independent Producers and Royalty Owners Association
Texas Land and Mineral Owners Association
Texas Oil and Gas Association
Texas Royalty Council

Organizations Opposed