Modifies provisions relating to the taxation of mineral rights

Summary

The bill would have required that oil, gas and other mineral rights held by someone other than the landowner be taxed as separate real‑estate property. Those taxes would be assessed to the mineral‑rights holder and would not become a lien on the underlying land. It targets owners of mineral interests, not the landowners themselves.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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