Video & Transcript Research : 'indexed royalties'
Page 1 of 75
TX
Transcript Highlights:
- The issue is royalty owners, including the state of Texas, are not getting... paid on these royalties
- You need to pay royalties on these minerals."
- So there's no royalty there for an owner. But then it moves on.
- But you're going to grab a royalty. Wouldn't that do that here?
- It would go. and grab a royalty or make the person who is cleaning the water pay a royalty back to the
Keywords:
surface estate, well plugging, Railroad Commission, landowner rights, liability, strategic reserve, gas supply, petroleum products, disaster response, Railroad Commission of Texas, energy security, emergency planning, oil and gas waste, environmental regulation, waste management, mining pits, groundwater monitoring, regulation, commercial disposal facilities, environmental standards
TX
Transcript Highlights:
- Regular royalty payments are stopped.
- Schriever, on behalf of the National Association of Royalty Owners. owners in Texas of Royalty Owners
- They own non-participating royalty interests.
- No, it would not be normal for royalty owners' names to be listed.
- I’m on the board of the National Association of Royalty Owners.
Keywords:
surface estate, well plugging, Railroad Commission, landowner rights, liability, strategic reserve, gas supply, petroleum products, disaster response, Railroad Commission of Texas, energy security, emergency planning, oil and gas waste, environmental regulation, waste management, mining pits, groundwater monitoring, regulation, commercial disposal facilities, environmental standards
WY
Wyoming 2026 Regular Session
Senate Agriculture, State and Public Lands & Water Resources Committee, February 19, 2026
Agriculture, State and Public Lands & Water Resources
Keywords:
mineral royalties, federal lands, Wyoming, revenue, education funding, transportation funding, One Big Beautiful Bill Act, eminent domain, water projects, legislative approval, state funding, land acquisition, grazing lands, subleasing, non-owned livestock, state lands, rental fees, agricultural policy, land management, 916
WY
Wyoming 2026 Regular Session
House Agriculture, State and Public Lands & Water Resources Committee, February 19, 2026
Agriculture, State and Public Lands & Water Resources
Keywords:
mineral royalties, federal lands, Wyoming, revenue, education funding, transportation funding, One Big Beautiful Bill Act, eminent domain, water projects, legislative approval, state funding, land acquisition, grazing lands, subleasing, non-owned livestock, state lands, rental fees, agricultural policy, land management, 916
AZ
Arizona 2026 Regular Session
02/12/2026 - House Natural Resources, Energy & Water
Natural Resources, Energy & Water
Transcript Highlights:
- The amendment mandates that a renewed lease provide for a royalty rate adjusted using a market-based
- indexing mechanism adopted by department rule and requires the Commissioner to review indexed royalty
- And so it saves resources for the State Land Department, and there is an index that would adjust for
- a family-owned and operated company that contributed nearly $2 million in rent and $6 million in royalties
Bills:
HB2150, HB2262, HB2267, HB2268, HB2351, HB2425, HB2426, HB2427, HB2755, HB2781, HB2913, HB2943, HB2956, HB2975, HB2985, HB4009
Keywords:
state land department, mineral lease, renewals, indexed royalties, land use planning, auditor general, five-year plans, geospatial data, Arizona Geological Survey, resource analysis, geographic information systems, wildlife protection, public nuisance, renewable energy, wind farm, solar farm, residential property, public health, local regulations, state land
Summary:
The committee first took up House Bill 2150, which would continue the State Land Department until July 1, 2030. Members discussed a Griffin amendment requiring quarterly updates from the commissioner, a public hearing on the department’s strategic plan in 2028, changes to conceptual land use plans and five-year disposition plans, and legislative findings. The hearing focused heavily on State Land Department practices, including whether it is subject to state agency statutes, the department’s internal ASAP application review process, backlog levels, appraisal and consultant use, audit findings, privileged documents in the Fondomonte matter, Proposition 207 notices, and the Coyotes land auction. Members also raised concerns about land sales, leases, special use permits, and the department’s compliance history. The amendment was adopted and HB 2150 was passed as amended on a 6-4 vote.
The committee then considered House Bill 2975, which would suspend the department’s solar scoring map and require new mining and housing resource maps, with a Griffin amendment extending the mapping deadline to ten years or earlier and requiring website posting. Supporters argued the bill would restore neutrality, improve planning, and maximize trust revenue; opponents said the solar map is only a guidance tool and that removing it could reduce transparency and harm solar development. The State Land Department said it was neutral but noted the solar layer is used as guidance and that additional staff or consultant support might be needed to create the new maps. The bill passed as amended on a 6-4 vote.
House Bill 2781 followed, proposing county or municipal decommissioning standards and financial assurance requirements for solar energy power plants, along with a remediation fund. A Griffin amendment narrowed local authority to decommissioning standards only and limited applicability to projects receiving permits after the effective date. The sponsor and several witnesses from Pinal County planning and zoning supported the bill, saying solar projects should be required to post real financial assurance so land can be restored if operators go bankrupt or abandon sites. The committee adopted the amendment and passed HB 2781 as amended on a 6-4 vote.
Finally, the committee began House Bill 2267, which would classify certain renewable energy projects within four miles of residential property as a public nuisance, with a Heap amendment narrowing it to new utility-scale wind or solar farms and preserving existing projects. The sponsor argued the bill responds to concerns about large wind and solar projects near homes, property values, and wildlife impacts. Testimony and questioning centered on nuisance standards, property value effects, and environmental and health concerns, but the transcript cuts off before final action on HB 2267.
AZ
Transcript Highlights:
- some of the comments are around, I think, revenues for the government, state, federal, we do get royalties
- And when and how recently have those royalties been updated? Mr. Chair, Senator, I'm not sure.
- Also, under that same law, the American people do get ripped off because we don't get royalties from
- are tied to market-based indexing to ensure the beneficiary receives fair value.
- The royalties are tied to market-based indexing to ensure the beneficiary receives fair value.
Bills:
HB2014, HB2055, HB2145, HB2150, HB2696, HB2755, HB2763, HB2781, HB2782, HB2787, HB2795, HB2889, HB2975, HB2985, HB2986, HCM2009, HCR2020, HCR2038
Keywords:
air emissions, fuel blends, environmental quality, feasibility study, Arizona Department of Agriculture, brackish groundwater, water supply development, desalination, Arizona Revised Statutes, water infrastructure, financial assistance, environmental reviews, fuel reformulation, gasoline standards, environmental regulations, ethanol supply, Air Quality, state land department, mineral lease, renewals
Summary:
The Natural Resources Committee approved the March 17 minutes and then took up a long calendar of bills, holding HCR 2038. HB 2787, which would bar the state and its political subdivisions from using personnel or financial resources to enforce, administer, or cooperate with the Mexican wolf reintroduction program, drew opposition from Sierra Club and Humane World for Animals/Animal Defense League of Arizona, who argued it would hinder wolf recovery and undercut science-based wildlife management. The committee nevertheless gave HB 2787 a do-pass recommendation by a 4-3 vote.
The committee then considered HB 2055 on a Brackish Groundwater Recovery Program Fund and HB 2782 on disclosure requirements for regulatory assets in utility rates. Testimony on HB 2055 raised concerns that brackish groundwater is still groundwater and that pumping it could cause localized impacts, but the bill initially received a do-pass recommendation before a later vote failed on reconsideration. HB 2782 prompted discussion about Corporation Commission authority and utility regulation, but it ultimately received a do-pass recommendation. The committee also heard HB 2781, a solar energy decommissioning and financial assurance bill, with testimony from environmental groups, industry representatives, and a local official; an amendment by Senator Sundareshan to strengthen financial assurance and remove the remediation fund failed, and the underlying bill also failed on a tied 4-4 vote.
Later, the committee approved HB 2975, which would suspend use of solar scoring maps on state trust lands and require new mining and housing scoring maps, despite opposition from environmental groups and neutral comments from the State Land Department that the solar map is only a guidance tool. HB 2696, as amended, passed after the committee adopted amendments shifting the Arizona Commerce Authority’s fuel-price mandate and creating a fuel resiliency task force; testimony focused on fuel supply, pipeline capacity, refinery access, and whether the ACA was the right agency to lead the effort. The committee also passed HCM 2009 urging Congress to require legislative approval for new national monuments and to streamline mining and land-swap processes, and HB 2889, which funds ADEQ monitoring of uranium contamination and creates a statewide registry and tribal partnership program.
Finally, the committee approved HB 2763, which would require legislative approval before the Arizona Game and Fish Commission could close a shooting range. Supporters said it was meant to protect facilities like Ben Avery and preserve safe shooting locations, while opponents argued the bill was unnecessary because existing review steps already exist and there was no imminent closure threat. The committee also heard testimony on the bill from Game and Fish, which said the measure would add another layer to an already extensive closure process and that the department was neutral on the proposal.
WY
Wyoming 2026 Regular Session
Senate Agriculture, State and Public Lands & Water Resources, February 10, 2026
Agriculture, State and Public Lands & Water Resources
Keywords:
wastewater, stormwater, infrastructure, environmental quality, public data, data collection, funding, study, water development, irrigation, public works, agricultural supply, municipal water, grazing lands, subleasing, non-owned livestock, state lands, rental fees, agricultural policy, land management
WY
Wyoming 2026 Regular Session
House Agriculture, State and Public Lands & Water Resources, February 10, 2026
Agriculture, State and Public Lands & Water Resources
Transcript Highlights:
- Uh, I serve on the joint uh<00:37:55.359>
mineral <00:37:56.079>royalties uh mineral royalties - a higher percentage of our royalties a higher percentage of our royalties back<00:38:15.440>
- So, that’s the general royalty program.
- It reduced the federal royalty share.
- So, that’s the general royalty program.
Keywords:
wastewater, stormwater, infrastructure, environmental quality, public data, data collection, funding, study, water development, irrigation, public works, agricultural supply, municipal water, grazing lands, subleasing, non-owned livestock, state lands, rental fees, agricultural policy, land management
OK
Oklahoma 2026 Regular Session
Senate Legislative Session Apr 15th, 2026 at 01:30 pm
Oklahoma Senate Floor Meeting
Bills:
SR31, SB2060, SB2184, HB1371, HB1411, HB1933, HB2361, HB2398, HB2893, HB3006, HB3044, HB3127, HB3322, HB3147, HB1276, HB3472, HB3522, HB3704, HB4303, HB4319
Keywords:
military, children, resilience, Purple Up!, military families, master development district, improvement district, public improvements, infrastructure financing, special assessments, statutory revision, consolidation, law amendment, emergency legislation, legal clarity, oil and gas, mineral rights, proceeds, royalties, escrow account
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Dec 8th, 2025 at 09:12 am
Transcript Highlights:
- So on the left-hand side, you can see what's been going on with the consumer price index.
- Another indicator of maybe worsening economic performance is in what we call the diffusion index.
- If 100 are hiring, your index is at 100. If 100 of them are laying off, your index is at zero.
- This is an innovation from our economist Brendan: the employment index diffusion index for New Mexico
- That would give me a picture of what our future could look like with royalty sales.
NM
New Mexico 2025 Regular Session
IC - Investments and Pensions Oversight Aug 13th, 2025
Investments & Pensions Oversight Committee
Transcript Highlights:
- This year, one from capital outlay reversions and one from federal oil and gas royalty payments.
- Severance taxes and rents and royalties represented about 23%.
- Oil and gas royalty revenue. We made the auto correction.
- This is compared to the S&P 500 total return index, the S&P U.S. aggregate bond index (AGG), and the
- Commodity Index, and just gold alone.
NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Dec 15th, 2025 at 09:14 am
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- So, inflation: the consumer price index for September 2025 increased by 3 over the previous year, making
- But lastly, the chart on the right is a concept called a diffusion index.
- If you look at the chart on the right here, This line is the diffusion index.
- This is our New Mexico specific diffusion index.
- after the production, the royalty on the production goes to the permanent fund.
TX
Transcript Highlights:
- And they're going to have to pay the royalties on it, so that's something that I think is prohibitive
- This criminal activity has escalated in recent years and costs Texas producers, royalty owners, and the
- If he reports a hundred barrels that have been subject to theft, he still owes royalties to TIPRO and
- When we look at the Houston Purchasing Managers Index, Houston is one of the few metropolitan areas with
- a large enough manufacturing base that it gets its own ISM Purchasing Managers Index survey, and as
NM
New Mexico 2025 Regular Session
House - Appropriations and Finance Jan 22nd, 2025
House Appropriations & Finance
Transcript Highlights:
- On the left, you can see the Consumer Price Index, which is the main indicator of inflation that we monitor
- And talk a little bit about severance taxes and rents and royalties.
- Of severance or royalty revenues, both oil and gas related. Dollars go to the general fund in blue.
- Currently, we estimate three billion in school tax and four billion in royalties to reach the Severance
- And of course, because our thresholds that you're talking about aren't yet or aren't inflation indexed
ND
North Dakota 2026 1st Special Session
Tax Reform and Relief Advisory Committee Mar 17th, 2026 at 09:30 am
Transcript Highlights:
- Royalty owners: it extends the well life and sustains royalty income that may otherwise be lost.
- But I left out Alaska on purpose because much of that is royalties to the state of Alaska.
- I just know that Alaska has many of the royalties.
- I just know that Alaska has many of the royalties.
- There were also suggestions for indexing the cap to inflation.
Summary:
The committee met to continue its tax reform and relief study agenda, approved the December 3, 2025 minutes, and announced a new subcommittee to examine property tax statement issues with counties, auditors, and the tax office. Representative Headland was named chair, Senator Rummel vice chair, and Representatives Dressler and Dr. Dr. and Senator Patton were also assigned. The chair noted the group may need an additional meeting and thanked staff and attendees.
A major portion of the meeting focused on economic development incentives. The Department of Commerce presented on the Renaissance Zone program and TIF districts, describing Renaissance Zones as locally tailored tools that combine local property tax relief with state income tax incentives. Commerce said the program has supported thousands of projects since 1999 and cited examples from Beach and Mandan showing increases in property and taxable value, business retention, housing, and downtown revitalization. Committee members raised concerns that smaller rural communities often lack the staff and expertise to apply, and Commerce said it provides outreach through conferences, office hours, and one-on-one assistance. League of Cities and local officials from Bismarck and Ellendale echoed the capacity issue, discussed how the programs have worked in their communities, and suggested possible reforms or more targeted support for small towns. Ellendale’s mayor also described two TIF districts, one for industrial infrastructure in Oaks and one for housing infrastructure tied to a data center project in Ellendale.
The committee then turned to stripper oil taxation. The Tax Department gave a comparison of oil and gas tax structures in selected states, noting that most have some form of stripper or marginal well provision, while Alaska does not appear to have a specific stripper-well exemption. Members asked for more detail on definitions and North Dakota’s annual adjusted rate. The Department of Mineral Resources followed with a detailed presentation on North Dakota stripper wells, explaining the statutory thresholds, the 12-consecutive-month production test, and the fact that once a well qualifies it remains on stripper status even if production later rises. DMR said about 11,332 stripper wells are active, representing roughly 54% of wells and about 16% of state production, and emphasized that stripper status can extend well life, preserve tax revenue, and reduce orphaned wells. Committee members and industry witnesses discussed refracs, the economics of keeping marginal wells active, and the competitive disadvantage created by North Dakota’s oil price discount. No votes were taken on these informational items.
NM
New Mexico 2025 Regular Session
IC - Legislative Finance Aug 19th, 2025
Transcript Highlights:
- You may be familiar with the Federal Royalty Resiliency Act of 2024, or RRA.
- This is a federal bill affecting federal royalties that are shared with the states.
- Thus, the royalty rate is less than half of it, minus a 2 percent administrative fee.
- The Craig baseline uses a 12.5 percent royalty rate, so an estimated $1.7 billion of lost royalties over
- So royalty rates are sort of outside of these. So it's not just expectations. Thank you, Chair.
NM
New Mexico 2025 Regular Session
House - Chamber Meeting Mar 20th, 2025
Transcript Highlights:
- Eliseo from the three fundamental elements of the bill: holding strong to $12 per hour, tying the index
- What we're talking about is increasing our royalty rate to make it comparable to what a private party
- The terms, perhaps by term, I mean the length of time: five years, two years, three years, the royalty
- You're going to pay one eighth royalty attributable to that third track, me the operator.
- Together, you have to run your economics off of, you know, a 25% royalty versus a 20%.
MN
Transcript Highlights:
- SPGMI's forecast of the S&P 500 stock index is one determinant of our forecast for non-wage income.
- And, um, it's the S&P 500 stock index slide.
- And um, it's the S&P 500 stock index 13.
- And um, it's the S&P 500 stock index slide. slide. slide.
- , royalties, interest, dividends, royalties, annuities,<01:17:44.680>
these <01:17:44.880>are
Bills:
HF3425
NM
New Mexico 2025 Regular Session
IC - Revenue Stabilization and Tax Policy Sep 30th, 2025
Revenue Stabilization & Tax Policy Committee
Transcript Highlights:
- Finishing up on Slide 31, we'll talk about severance taxes and rents and royalties.
- That bill reverses a recent increase to the federal royalty rate.
- $170 million annually, which has been taken out of the royalty forecast.
- And so, that's page 26, 29, and also royalties.
- We have some issues because the feds have lowered the royalty rate.
CA
California 2025-2026 Regular Session
Joint Hearing Assembly Privacy and Consumer Protection Committee and Senate Judiciary Committee Dec 8th, 2025
Transcript Highlights:
- you probably know, digitized millions of books from research library collections, and it did so to index
- That doesn't support fair use, but the court basically said that if you want to index and if you want
- Well, I lead the Foundation Model Transparency Index.
- In particular, tomorrow, we'll publish the 2025 version of this index.
- We capture a likeness of each customer and create a face and voice print of them, and we index across
Summary:
The Senate Judiciary Committee and Assembly Privacy and Consumer Protection Committee held an informational hearing at Stanford on the intersection of artificial intelligence, copyright, transparency, and California’s creative economy. Chairs and members emphasized that the hearing was not on a specific bill and no vote would be taken. Opening remarks framed the issue as balancing protection for artists and other rights holders with the need to keep AI innovation and related economic activity thriving in California, while noting that federal action is unlikely and that state policy may influence national standards.
The first panel featured Professor Pamela Samuelson and Stanford researcher Rishi Bommasani. Samuelson reviewed the current copyright litigation landscape, including dozens of lawsuits over AI training, and explained the fair use framework, the Google Books precedent, and the uncertainty around newer theories such as market dilution. She said states can likely regulate transparency, deepfakes, privacy, and safety, but warned that some proposals may be preempted by federal copyright law. Bommasani described widespread opacity around training data among major California AI companies, discussed AB 2013 and the EU AI Act as transparency models, and identified gaps in disclosure design, enforcement, and whether transparency alone can address copyright and IP concerns. Members asked about open-source models, opt-outs, machine unlearning, user data, and state options for protecting creators.
The second panel included SAG-AFTRA board member Jason George, Animation Guild president Danny Lynn, and OpenAI copyright counsel Mark Gray. George and Lynn argued that AI training on performers’ and artists’ work without consent or compensation threatens jobs, bargaining power, and reputations, and they supported stronger transparency and licensing requirements so creators can identify when their work is used. Gray said AI is already being used as a productivity tool and highlighted partnerships between AI companies and publishers, record labels, and studios, while arguing that specific harmful uses such as deepfakes should be regulated directly rather than restricting general-purpose AI development. Committee members discussed labeling and watermarking of AI-generated content, transparency around model use, and whether state law should require more detailed disclosure of training data; no formal action was taken.