SB1005Introduced in the Senate
Clarifying processes of royalty payments for wells in this state
Introduced by Tom Willis, District 15
What does this bill do?
Plain-English breakdown
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Official description
The purpose of this bill is to clarify the method of reporting and payments from all oil and gas wells royalties. The bill provides the method of calculations and payment of royalties requiring auditing of information relating to leased premises, and transparency and monitoring of leased minerals.
Where it stands
To Judiciary
February 19, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Filed for introduction
To Judiciary
Introduced in Senate
To Judiciary
Verify the information
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