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State tide and submerged lands: mineral extraction leases: revenues.

This bill failed and is no longer moving.

CA SB 461 · Senate Bill · 2013–2014

Stage
Failed
Started in
Senate
Sponsor
1
Latest action
Nov 30, 2014

What it does

Existing law authorizes the State Lands Commission to lease tide and submerged lands and beds of navigable rivers and lakes for the extraction of oil and gas, as specified. Existing law, with specified exceptions, generally requires the State Lands Commission, on and after July 1, 2006, to deposit all revenue, money, and remittances, derived from mineral extraction leases on state tide and submerged lands, including tidelands oil revenue, into the General Fund, to be available upon appropriation by the Legislature for specified purposes.

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This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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State tide and submerged lands: mineral extraction leases: revenues. | 52