continuation; state land department
What changed between versions
New rules allow the State Land Commissioner to renew mineral leases without public auction if specific compliance and fiduciary criteria are met.
Renewed mineral leases must now include royalty rates adjusted automatically using market-based indexing mechanisms like producer price indices.
The department is required to prepare and update maps for military facilities, training routes, and restricted airspace, which must be made available to the public.
The department must create five-year disposition plans for state trust lands and update conceptual land use plans every ten years.
The department must implement all 51 recommendations from the July 2025 Auditor General performance audit within two years of the bill's effective date.
Lease holdover provisions are restricted to a maximum of 90 days, with automatic renewal for three years and 90 days if the department fails to act within that timeframe.
The department must provide at least six months' notice before lease expiration, including proposed rental increases and the justification for renewal or termination decisions.
The Auditor General is granted broad powers to inspect department premises and documents to ensure recommendations are implemented, with quarterly reporting requirements to the legislature and governor.
The State Land Department is set to terminate on July 1, 2030, with a sunset provision for several new sections in 2028 or 2029.