Assembly Bill No. 450–Committee on Natural Resources, Agriculture and Mining

(On Behalf of Budget Division)

March 10, 1999

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Referred to Committee on Natural Resources,
Agriculture and Mining

 

SUMMARY—Revises provisions governing certain fees imposed for support of division of minerals of department of business and industry. (BDR 46-1584)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: Yes.

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to the division of minerals of the department of business and industry; requiring the commission on mineral resources to adopt regulations establishing the amount of certain fees imposed for the support of the division; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

1-1 Section 1. NRS 517.185 is hereby amended to read as follows:

1-2 517.185 1. In addition to any recording fee, each filing pursuant to

1-3 NRS 517.050, 517.080, 517.110, 517.140, 517.170, 517.200 and 517.230

1-4 must be submitted with a filing fee [of $1.50 per claim.] in an amount

1-5 established pursuant to subsection 2. The county recorder shall collect the

1-6 filing fee and, on or before the fifth working day of each month, deposit

1-7 with the county treasurer all such fees collected during the preceding

1-8 month. The county treasurer shall quarterly pay the money collected to the

1-9 division of minerals of the department of business and industry. The

1-10 division shall deposit with the state treasurer, for credit to the account for

1-11 the division of minerals, all money received pursuant to this section.

1-12 2. The commission on mineral resources shall, by regulation,

1-13 establish the filing fee required pursuant to subsection 1.

2-1 Sec. 2. NRS 522.150 is hereby amended to read as follows:

2-2 522.150 1. Any expenses in connection with Nevada’s affiliation

2-3 with the Interstate Oil Compact Commission must be paid from the

2-4 account for the division of minerals.

2-5 2. To pay the expenses of the division, every producer of oil or natural

2-6 gas in this state shall on or before the last day of each month report to the

2-7 division and to the state treasurer his production in this state of oil in

2-8 barrels and of natural gas in thousands of cubic feet during the preceding

2-9 month, and at the same time shall pay to the division an administrative fee

2-10 in an amount established pursuant to subsection 3 on each barrel of oil

2-11 and on every 50,000 cubic feet of natural gas produced and marketed by

2-12 him during the preceding month. The division shall deposit with the state

2-13 treasurer, for credit to the account for the division of minerals, all money

2-14 received pursuant to this subsection. Every person purchasing such oil or

2-15 natural gas is liable for the payment of the administrative fee per barrel of

2-16 oil or per 50,000 cubic feet of natural gas, unless it has been paid by the

2-17 producer. [The administrative fee is 50 mills per barrel of oil or per 50,000

2-18 cubic feet of natural gas.]

2-19 3. The commission on mineral resources shall, by regulation,

2-20 establish the administrative fee required pursuant to subsection 2.

2-21 Sec. 3. Notwithstanding the amendatory provisions of sections 1 and

2-22 2 of this act, until the effective date of the regulations adopted by the

2-23 commission on mineral resources pursuant to those sections, the amount

2-24 of:

2-25 1. The filing fee required pursuant to NRS 517.185 is $1.50 per claim;

2-26 and

2-27 2. The administrative fee required pursuant to NRS 522.150 is 50 mills

2-28 per barrel of oil or per 50,000 cubic feet of natural gas.

2-29 Sec. 4. This act becomes effective on July 1, 1999.

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