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Bill to raise state s fossil fuel royalty rates moves ahead

The higher royalty rate would put an estimated $50 million into the Land Grant Permanent Fund in 2027 and up to $75 million in 2028.

Legislation to increase future oil and gas royalty rates heads to House floor

The House Commerce and Economic Development committee on Monday passed a bill that would raise future oil and gas royalty rates on a 6-5 vote. HB 48 increases the maximum royalty rates that the State Land Office can charge on certain leases, bringing it more in line with what neighboring states charge. This would not

Bill To Raise State s Fossil Fuel Royalty Rates Moves Ahead

Bill To Raise State s Fossil Fuel Royalty Rates Moves Ahead
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Legislators mull an end run around the governor: Constitutional amendments

By Daniel J. Chacón and Robert Nott, The Santa Fe New Mexican For Sen. Jerry Ortiz y Pino, it's now or never. This year's 30-day session will be the last for the longtime lawmaker, who is championing one of the most talked-about proposals at the Capitol: A constitutional amendment to commandeer the state's hapless child welfare

New Mexico Legislators Mull An End Run Around Governor On Constitutional Amendments

New Mexico Legislators Mull An End Run Around Governor On Constitutional Amendments
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