SB 897
Corporation Commission; modifying termination date of Plugging Fund. Effective date.
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill changes the date by which the Oklahoma Plugging Fund will terminate. Currently, the fund was set to end in 2026, but this legislation extends its operation. The bill aims to ensure sufficient funds are available for plugging abandoned oil and gas wells, a critical environmental responsibility. It also establishes an effective date for the changes.
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