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My Ohio Legislature

Senate Bill 327

 
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Regulates oil and gas unit operation and valuation

[ Show Long Title ]
To amend sections 1509.28 and 5713.051 of the Revised Code to revise provisions in the Oil and Gas Law governing unit operation and to specify that the discounted cash flow formula used to value certain producing oil and gas reserves for property tax purposes is the only method for valuing all oil and gas reserves.

Current Version

As Introduced PDF

Step not completed Introduced In House
 
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Step completed Introduced In Senate
 
Step completed In Senate Committee
 
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Final step not completed Sent To The Governor
 

Subjects

Committees

Senate State and Local Government Committee

Primary Sponsors

Troy Balderson
 
 

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