Industry-Threatening Colorado Bill Signed into Law

[thackney]

Industry-Threatening Colorado Bill Signed into Law
https://www.rigzone.com/news/industrythreatening_colorado_bill_signed_into_law-17-apr-2019-158618-article/
April 17, 2019

Colorado Governor Jared Polis has signed Senate Bill 181 into law....

...The CPC representative said that while Senate Bill 181 remains “deeply flawed”, Governor Polis and state officials have pledged to work with industry to create “a reasonable regulatory framework that works for all Coloradans”.

In an organization statement posted on its website last month, the American Petroleum Institute said Senate Bill 181 would “at the very least hinder, if not prohibit” energy development in Colorado, “directly threatening hundreds of thousands of jobs, billions of dollars of state revenue and hundreds of millions in education funding”....

[thackney]

SB19-181
Protect Public Welfare Oil And Gas Operations
https://leg.colorado.gov/bills/sb19-181

[IsailedawayfromFR]

The bill gives local authorities more decision-making power in approving oil and gas activities.

Wouldn't it be interesting if the state went a step further and give those same local communities more of the state revenue from those activities?

Do you think that would improve or hurt the industry?