Costly House Bill Moves Ahead At State Capitol

A bill that would require the oil and gas industry to pay landowners for damage done to their property moves ahead at the state capitol Tuesday. The Senate Appropriations Committee voted this morning to back the house bill which would cost the state an estimated 63–thousand dollars annually. The reason behind the high costs being that state regulators would have to step in to complete inspections if the two sides could not agree on compensation. Some home developers, realtors and environmentalists don't think the bill goes far enough. However four agricultural groups including the Colorado Farm Bureau are backing the bill saying they at least want to give property owners the chance to negotiate with the energy industry.

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