Louisiana · 2026 Regular Session · Bill
HB 252: FUNDS/FUNDING: Dedicates severance tax revenue from oil and gas produced from certain stripper wells in the Caddo Pine Island Field to the Oilfield Site Restoration Fund and provides for the use of those monies (OR -$1,708,285 GF RV See Note)
In committee Last action March 24, 2026: Discharged from the Committee on Appropriations.
Plain-language summary
HB 252 is a bill introduced in the Louisiana House on February 20, 2026. According to its official title, it concerns: FUNDS/FUNDING: Dedicates severance tax revenue from oil and gas produced from certain stripper wells in the Caddo Pine Island Field to the Oilfield Site Restoration Fund and provides for the use of those monies (OR -$1,708,285 GF RV See Note). Primary sponsor: Danny McCormick (Republican). Most recent recorded action (March 24, 2026): Discharged from the Committee on Appropriations.
Sponsors
Primary sponsor: Danny McCormick (Republican).