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
Trujillo, Jim R. (D) D 45 Representative 2019
Ruiloba, Patricio  (D) D 12 Representative 2019
Roybal Caballero, Patricia  (D) D 13 Representative 2019
Powdrell-Culbert, Jane E. (R) R 44 Representative 2019
Maestas, Antonio "Moe" (D) D 16 Representative 2019
Lente, Derrick J. (D) D 65 Representative 2019
Johnson, D. Wonda (D) D 5 Representative 2019
Figueroa, Natalie  (D) D 30 Representative 2019
Fajardo, Kelly K. (R) R 7 Representative 2019
Dow, Rebecca  (R) R 38 Representative 2019
Baldonado, Alonzo  (R) R 8 Representative 2019