1 bill · 2024 Regular Session
Adds to existing law to clarify the duties of the state board of land commissioners in the lease of state endowment trust lands, to require bonds under certain circumstances, and to provide for rulemaking.
ThislegislationrequirestheBoardofLandsandtheDepartmentofLandstodeveloppolicyguidanceforleasing activities. Leases must include terms and conditions that ensure sustainable management and stewardship in line with the type of use. Some land use types may require a bond to ensure reclamation and restoration.
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