Senate Bill 327 | The Ohio Legislature
 
 
 

General Assembly

131

Short Title

Regulates oil and gas unit operation and valuation 
Show Long Title
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.

Version

As Introduced

Legislation Text

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Committees

Senate State and Local Government Committee
 
 

Primary Sponsors

Troy Balderson
 
 
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