ND Legislators Plan Study Of Gas Royalty Deductions

BISMARCK — A dispute between the North Dakota Department of Trust Lands and the oil industry over gas royalty payments will become part of a legislative management study under a bill lawmakers approved Wednesday, April 26. The department says some oil companies owe the state money after taking improper deductions on natural gas royalties, a…
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Legislators OK Funding For Oil Patch

BISMARCK — North Dakota lawmakers reached a compromise Wednesday, April 26, on distributing dollars to Oil Patch communities while agreeing to study the funding formula for the top oil cities. The provisions in Senate Bill 2013 provide about $500 million for communities in western North Dakota from oil tax revenue and $16 million for townships…
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Oil Industry, State At Odds Over Royalty Payments

BISMARCK — The oil industry is working to avoid paying higher royalties to North Dakota by backing an amendment in a complex bill being considered in the final days of the state’s legislative session. The amendment stems from a dispute with the North Dakota Department of Trust Lands, which says some oil companies are underpaying…
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UPDATED: Lawmakers Propose Studying Tribal Tax Issues

BISMARCK – North Dakota lawmakers are proposing to form a committee to study tribal taxation issues in an attempt to reach a compromise with the Mandan, Hidatsa and Arikara Nation over oil tax revenue. Sen. Dwight Cook, R-Mandan, said he plans to introduce an amendment on Friday, April 21, that establishes a 10-member committee to…
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Legislature Gives Final Approval To Lake Sakakawea Mineral Bill

BISMARCK — The North Dakota Legislature has approved a bill clarifying that the state does not own minerals under Lake Sakakawea, setting up a process to return an estimated $187 million in bonus, rent and royalty payments. Supporters of Senate Bill 2134 say it’s about doing the “right thing” for citizens who retained their minerals…
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