DENVER — Mineral owners would get compensation from local governments that restrict fracking under a bill being considered by Colorado lawmakers.
Whether more regulations over fracking are needed is expected to be one of the most hotly debated questions lawmakers will take on this legislative session.
A task force assembled by Democratic Gov. John Hickenlooper will be delivering recommendations to lawmakers later this month about what to do to reduce land-use conflicts among local governments, homeowners, and the energy industry.
The proposal being heard in a Senate committee Thursday would require local governments that impose fracking restrictions to compensate mineral owners if the regulations reduce the value of their property by at least 60 percent. The proposal has a good chance in the GOP-led committee.
Online: Senate Bill 93
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