STATE OF NEW YORK
________________________________________________________________________
3628
2011-2012 Regular Sessions
IN ASSEMBLY
January 26, 2011
___________
Introduced by M. of A. CROUCH -- read once and referred to the Committee
on Environmental Conservation
AN ACT to amend the environmental conservation law, in relation to inte-
grated royalty owners
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subparagraph 3 of paragraph a of subdivision 3 of section
2 23-0901 of the environmental conservation law, as amended by chapter 386
3 of the laws of 2005, is amended to read as follows:
4 (3) "Integrated royalty owner" means an owner who has either elected
5 to be an integrated royalty owner or who does not elect to become either
6 a participating owner or a non-participating owner. The integrated
7 royalty owner shall receive a royalty equal to [the lowest royalty in an
8 existing lease in] an amount equal to the average of all existing leases
9 within the spacing unit, but no less than one-eighth. The integrated
10 royalty owner shall have no obligation to the well operator or any other
11 owner for any charges, taxes or fees associated with the operation of
12 the oil or gas well and, notwithstanding any other law to the contrary,
13 shall not be liable by reason of the owner's status as an integrated
14 royalty owner for any claims for personal injury or property damage
15 suffered by any person relating to the drilling and operation of the
16 well.
17 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD04884-01-1
