Section 70-2-31.1 - Reporting requirement. (Effective January 1, 2020.)

NM Stat § 70-2-31.1 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

No later than October 1 of each year, the division shall report to the appropriate interim committee of the legislature and to the governor and shall post on the agency website:

A. the number of notices of violation that the division issued pursuant to the Oil and Gas Act during the previous fiscal year;

B. the total amount of penalties collected by the division for violations pursuant to the Oil and Gas Act during the previous fiscal year;

C. for each penalty collected, the following information:

(1) the name of the person penalized and the location of the violation; and

(2) the nature of the violation and the calculation of the penalty collected; and

D. the number and nature of lawsuits filed for a violation of the Oil and Gas Act, including the names of defendants, the nature of the violation and the outcome of the litigation.

History: Laws 2019, ch. 197, § 9

Effective dates. — Laws 2019, ch. 197, § 13 made Laws 2019, ch. 197, § 9 effective January 1, 2020.

Applicability. — Laws 2019, ch. 197, § 12 provided that the provisions of Laws 2019, ch. 197 apply to contracts entered into on and after July 1, 2019.