Illinois General Assembly - Bill Status for SB3356
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 Bill Status of SB3356  97th General Assembly


Short Description:  DORMANT MINERAL INTERESTS ACT

Senate Sponsors
Sen. Kwame Raoul

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Dormant Mineral Interests Act. Provides a statement of public policy and definitions. Describes mineral interests to which the Act does not apply. Describes the process for and the limitations on the termination of a dormant mineral interest. Provides for the preservation of a mineral interest through a recorded notice process. Allows for late recording of a mineral interest by the mineral owner in specified circumstances. Describes the effect of a court termination of a mineral interest. Provides for the implementation of the Act, limitations on actions under the Act, and uniformity of application and construction of the Act. Contains a severability provision.

Actions 
DateChamber Action
  2/7/2012SenateFiled with Secretary by Sen. Kwame Raoul
  2/7/2012SenateFirst Reading
  2/7/2012SenateReferred to Assignments
  2/17/2012SenateAssigned to Judiciary
  2/28/2012SenatePostponed - Judiciary
  3/7/2012SenatePostponed - Judiciary
  3/9/2012SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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