Relating to oil and gas production, including filing requirements, the authority of the department of natural resources, confidential information, pooling orders, negotiation of surface damage, imposition and distribution of a tax, and ju risdiction

What it does: Imposes a 6% severance tax on oil and gas extracted in Iowa, mostly for the taxpayer relief fund and partly for counties, roads and water quality; requires surface owners' written permission before operators enter pooled or exploratory sites; and limits local regulation of oil and gas. (AI-written summary of the bill; the official record shows the exact version voted)

Question before the chamber: Shall amendment H–8477 be adopted?

Amends the bill to keep oil and gas well data confidential for one year (basic data) or three years (interpretive data) from the spud date, each extendable one year, and to require producers to file well logs and reports within 120 days. (AI-written)

Read the official record ↗