TO AMEND THE LAW REGARDING INFORMATION PROVIDED TO ROYALTY OWNERS RELATED TO DEDUCTIONS; AND TO AMEND THE LAW CONCERNING SANCTIONS FOR NONCOMPLIANCE RELATED TO INFORMATION PROVIDED TO ROYALTY OWNERS.

House Bill 1900 aims to amend Arkansas law regarding information provided to royalty owners in the oil and gas industry. It requires operators to itemize each deduction, specifying its nature, purpose, and amount, from payments made to royalty owners. The bill also revises the civil penalties for non-compliance related to information requests, changing the maximum penalty from a fixed $500 to the amount specified in a separate delinquency statute. Additionally, it grants the Oil and Gas Commission authority to suspend sanctions for up to 60 days to allow for compliance.