2019 HB 398 Oil, Gas and Vented Gas Royalties
- CVNM Position:
- Support
- Year:
- 2019
- Sponsors:
-
Derrick J. Lente
- Topics:
- Air Quality
Energy & Climate Change - Legislative Info:
- HB 398 on nmlegis.gov »
Description
HB 398 (and its companion SB 500) established a threshold over which oil and gas production is taxed at one fourth percent. The bill also established that vented and flared gas was subject to royalties.
Outcome
HB 398 was tabled and died in the House Commerce and Economic Development Committee. SB 500 received a do pass in the Senate Conservation Committee, but the committee report was not filed and the bill was not referred to the Senate Corporations and Transportation Committee.
How Legislators Voted on HB 398
- = Pro Conservation Vote
- = Anti Conservation Vote
- A = Absent
- E = Excused
- R = Recused
- W = Abstain
| Legislator | Party | District | Office | Conservation Vote |
Year |
|---|---|---|---|---|---|
| Baldonado, Alonzo (R) | R | 8 | Representative | 2019 | |
| Dow, Rebecca (R) | R | 38 | Representative | 2019 | |
| Fajardo, Kelly K. (R) | R | 7 | Representative | 2019 | |
| Figueroa, Natalie (D) | D | 30 | Representative | 2019 | |
| Johnson, D. Wonda (D) | D | 5 | Representative | 2019 | |
| Lente, Derrick J. (D) | D | 65 | Representative | 2019 | |
| Maestas, Antonio "Moe" (D) | D | 16 | Representative | 2019 | |
| Powdrell-Culbert, Jane E. (R) | R | 44 | Representative | 2019 | |
| Roybal Caballero, Patricia (D) | D | 13 | Representative | 2019 | |
| Ruiloba, Patricio (D) | D | 12 | Representative | 2019 | |
| Trujillo, Jim R. (D) | D | 45 | Representative | 2019 |