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AB 2461·CA·house

Oil and gas: bonding requirements.

Passed One ChamberFiled Feb 20, 2026
Sponsor: Gregg Hart (D)
Latest Action

In committee: Held under submission.

Aug 13, 2026

Legislative status

  1. Introduced
  2. In Committee
  3. Reported by Committee
  4. Floor Vote Scheduled
  5. Passed One Chamber
  6. Passed Both Chambers
  7. Sent to Executive
  8. Signed into Law

Summary

The bill tightens California’s oil‑and‑gas bonding regime by requiring any person who gains the right to operate or control a well or production facility to notify the State Oil and Gas Supervisor, provide detailed documentation, and file an indemnity bond before the acquisition is finalized. It broadens the definition of “acquire” to include stock‑holder sales, mergers, asset transfers, liquidations and similar transactions, and eliminates the exemption for wells that produce more than a modest amount of oil or gas. The changes aim to ensure that sufficient financial assurance is in place to cover plugging, abandonment and site restoration costs.

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Vote

53 yes

21 no

Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 21. Page 5538.) · May 28, 2026

Hearings

History

  1. In Senate. Read first time. To Com. on RLS. for assignment.
  2. Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 21.)
  3. Read second time. Ordered to third reading.
  4. Read second time and amended. Ordered returned to second reading.
  5. Joint Rule 62(a), file notice suspended. (Page 5030.)
  6. From committee: Amend, and do pass as amended. (Ayes 11. Noes 4.) (May 14).
  7. In committee: Set, first hearing. Referred to APPR. suspense file.
  8. From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 4.) (April 20). Re-referred to Com. on APPR.
  9. Referred to Com. on NAT. RES.
  10. From printer. May be heard in committee March 23.
  11. Read first time. To print.

Sponsors

  • Gregg Hart (D) · sponsor
  • Hart

Bill text

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