A bill to amend 1994 PA 451, entitled “Natural resources and environmental protection act,” by amending section 61524 (MCL 324.61524), as amended by 1998 PA 252.
The bill amends the Natural Resources and Environmental Protection Act to increase the maximum fee on oil and gas production from 1% to 2%, with the proceeds supporting monitoring and enforcement activities, and establishes annual procedures for determining and applying this fee based on fund balances and production estimates.
Co-sponsored by Sens.
Referred to the Committee on Natural Resources and Agriculture
