Statute 55-1634: National or regional assessment; use of
portion of state assessment in lieu of, when.
In the event of the establishment of a national or regional
program for an assessment on oil and natural gas production for an education
and marketing program for oil and natural gas, the board, by majority vote, may
elect to designate up to a maximum of 35% of the funds collected under this
act to the national or regional program in lieu of an additional assessment as
may be required by the national or regional program.
History: L. 2006, ch. 94, § 10; July 1.