| Last Action | to Appropriations & Revenue (H) |
|---|---|
| Title | AN ACT relating to the reclamation of oil and gas well sites and making an appropriation therefor. |
| Bill Documents |
Bill
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| Bill Request Number | 385 |
| Sponsor | J. Gooch Jr. |
| Summary of Original Version | Amend KRS 353.190 to require an oil or natural gas well operator to post a reclamation bond to guarantee the completion of the reclamation plan for the well site; specify the separate requirements for plugging bonds and reclamation bonds; clarify that bond alternatives held in lieu of plugging and reclamation bonds shall go to their respective funds when forfeited; establish a procedure for the forfeiture of reclamation bonds separate from the forfeiture procedure for plugging bonds; establish the oil and gas well reclamation fund to receive forfeited reclamation bonds, which is separate from the oil and gas well plugging fund; require the department to only expend forfeited bond amounts for the completion of the corresponding reclamation plan for the well site for which the reclamation bond was posted; amend KRS 353.5901 to require reclamation plans for all oil and gas well sites, regardless of whether there has been a complete severance of ownership of the oil and gas from the surface ownership; require oil and gas well site reclamation plans to incorporate best management practices; require a signed agreement by all surface owners and co-owners to complete the reclamation plan before a permit to drill, deepen, or reopen the well may be issued; amend KRS 353.180, KRS 353.592, and KRS 353.730 to conform. |
| Index Headings of Original Version |
Environment and Conservation - Reclamation bonds and plans for oil and gas well sites, requirement of Oil and Natural Gas - Reclamation bonds and plans for oil and gas well sites, requirement of Pollution - Reclamation bonds and plans for oil and gas well sites, requirement of Bonds of Surety - Bond to ensure completion of reclamation plans for oil and gas well sites, requirement of |
| 02/12/13 |
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| 02/13/13 |
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Last updated: 8/27/2019 7:53 PM (EDT)