Date: 02/18/2009

Final
BILL SUMMARY for HB09-1194

HOUSE COMMITTEE ON AGRICULTURE, LIVESTOCK, & NATURAL RESOURCES

Votes: View--> Action Taken:
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08:18 PM -- House Bill 09-1194

Representative Curry, prime sponsor, presented HB 09-1194 concerning accrual of a cause of action upon discovery of a breach of royalty obligation. The bill extends the period of time for which a person may take legal action for unpaid royalties. Specifically, a cause of action for money owed due to a breach of a royalty obligation accrues on the date the breach is discovered or should have been discovered by the exercise of reasonable diligence. Representative Curry indicated that because of the time at night, may of the witnesses had gone home. She asked that the bill be laid over and taken up by the committee next week. The witnesses in attendance indicated that they would prefer to testify when the bill was taken up by the committee at a later date.

08:22

The bill was laid over until a time to be determined.

08:24 PM

The committee adjourned.