House passes bill to restore Lake Sakakawea mineral rights to rightful owners

KXMB Master Earth Design_1492647763697.png

   North Dakota legislators have passed a measure intended to clarify ownership of minerals under Lake Sakakawea.

   The legislation limits the state’s mineral claims under the Missouri River reservoir to a smaller area than it had claimed. It is estimated to cost the state nearly $187 million it already has collected in oil-drilling royalty payments that must be returned.

   The House approved the bill on Wednesday, a day after senators endorsed it. It now goes to Gov. Doug Burgum for his signature.

   Opponents of the bill say the state could use the money to make up for declining tax revenues due to slumping oil and crop prices.

   Backers of the measure say the mineral rights should be returned to the rightful owners, despite the financial impact to the state.


Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


More Don't Miss

KX News Trending Stories

Latest Stories

More Local News