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Oil industry pushing bill to slash penalties on overdue royalty payments to North Dakota
The issue of oil and gas royalty payments has become contentious over the last year as the Department of Trust Lands began a more aggressive attempt to collect old payments, interest and penalties it believes are owed to the state. Written By: Jeremy Turley | ×
Rep. Jason Dockter, R-Bismarck, presents a bill to the North Dakota House Finance and Taxation Committee on Jan. 6. Jeremy Turley / Forum News Service
BISMARCK The powerful North Dakota oil lobby has thrown its weight behind a bill in the House of Representatives that would cut down on the maximum interest and penalties the state can charge oil and gas companies for overdue royalty payments.