SB 490 - Oil and Gas Lease Fund Appropriations - Pennsylvania Key Vote

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Title: Oil and Gas Lease Fund Appropriations

Vote Smart's Synopsis:

A vote to pass a bill that requires rents and royalties from oil and gas companies of commonly owned land to be allocated into the Oil and Gas Lease Fund, which will be spent on conservation, recreation, dams, and flood control.

Highlights:

-Gives the Secretary of Conservation and Natural Resources control over the allocation of funds to specific projects (Sec.2). -Transfers $174 million from the oil and gas lease fund to the general fund (Sec.4). -Appropriates money from the Oil and Gas Lease Fund to county conservation districts, a nutrient trading program, the Pennsylvania Natural Heritage Program, the Pennsylvania Fish and Boat Commission, and the Pennsylvania Game Commission (Sec.4).

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