Thursday, March 10, 2011

House Ready To Pass New Version Of Horizontal Drilling Regulatory Bill; End Of Session Looms

Horizontal drilling legislation adopted yesterday by the House Judiciary Committee moved along today as the House Finance Committee also gave its approval to the bill. The bill, Com. Sub. For S.B. 424 (as amended by the House Judiciary Committee) is pending Second Reading on the House floor. If the full House passes the measure by Saturday night (when the 2011 session ends), the measure then will go back to the West Virginia Senate. At that point in time, the upper body either will accept the House’s rewrite of this bill or the measure will go to a conference committee. The version modified by the House Judiciary Committee includes tougher environmental and regulatory provisions than passed by the state Senate. All action on bills must be completed by midnight on March 12.

Click to read article in The Charleston Gazette.