Post Session Report: February 4, 2013

SB 259 PN 181 (Yaw): Amends the act of July 20, 1979 (P.L.183, No.60), entitled “An act regulating the terms and conditions of certain leases regarding natural gas and oil,” adding definitions; providing for payment information to interest owners for accumulation of proceeds from production; and making editorial changes. Senator Yaw offered Amendment A00114, which would change the effective date and includes the information needed. This amendment was adopted unanimously.