First Regular Session
               Seventieth General Assembly
                    STATE OF COLORADO
                                                 INTRODUCED
                                                           
                                                           
 LLS NO. 15-0561.01 Thomas Morris x4218  HOUSE BILL 15-1119
                    HOUSE SPONSORSHIP
 Buck,  Saine, Becker J., Lundeen, Klingenschmitt, Carver, Neville P., DelGrosso, Tate,
 Lawrence, Dore, Roupe, Ransom, Szabo, Humphrey, Landgraf, Brown, Conti
 
                   SENATE SPONSORSHIP
 (None),
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 House Committees
 Senate Committees
 
 
 State, Veterans, & Military Affairs
 
 
 
 Appropriations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                         A BILL FOR AN ACT
       Concerning a requirement that a local government that
            bans hydraulic fracturing compensate oil and gas
            royalty owners affected by the ban.
       
       
                           Bill Summary
       
            (Note:  This summary applies to this bill as introduced and does
       not reflect any amendments that may be subsequently adopted. If this bill
       passes third reading in the house of introduction, a bill summary that
       applies to the reengrossed version of this bill will be available at
       http://www.leg.state.co.us/billsummaries.)
       
            The bill specifies that a local government that bans hydraulic
       fracturing of an oil and gas well is liable to the royalty owner for the
       value of the lost royalties.
       
       
       
       Be it enacted by the General Assembly of the State of Colorado:
            SECTION 1.  In Colorado Revised Statutes, add 29-20-204.5 as
       follows:
            29-20-204.5.  Compensation to royalty owners affected by
       hydraulic fracturing ban. A local government that adopts or
       enforces an ordinance, resolution, or other policy or
       regulation that prohibits an oil and gas operator, as that term
       is defined in section 34-60-103 (6.8), C.R.S., from conducting a
       hydraulic fracturing treatment on an oil and gas well that is
       or, but for the prohibition, would be located within the local
       government's jurisdiction is liable to the royalty owner for the
       value of the royalties not received due to the prohibition.
            SECTION 2.  Act subject to petition - effective date -
       applicability. (1)  This act takes effect at 12:01 a.m. on the day following
       the expiration of the ninety-day period after final adjournment of the
       general assembly (August 5, 2015, if adjournment sine die is on May 6,
       2015); except that, if a referendum petition is filed pursuant to section 1
       (3) of article V of the state constitution against this act or an item, section,
       or part of this act within such period, then the act, item, section, or part
       will not take effect unless approved by the people at the general election
       to be held in November 2016 and, in such case, will take effect on the
       date of the official declaration of the vote thereon by the governor.
            (2)  This act applies to the adoption or enforcement of a
       prohibition on hydraulic fracturing treatments occurring on or after the
       applicable effective date of this act.