Enrolled Bill Summary
Legislative Session: 76(R)SENATE BILL 1731 |
SENATE AUTHOR: Brown, J. E. "Buster" |
EFFECTIVE: 09-01-99 |
HOUSE SPONSOR: Hawley |
Senate Bill 1731 amends the Natural Resources Code to remove the two-year limit on the School Land Board's authority to reduce royalty rates on state leases and allow the board to prescribe the duration of the royalty rate reduction.