KANSAS STATUTES AND CODES

55-143. Conservation fee fund; authorized expenditures; accounting procedures; reduction of fees and assessments, when.

55-143

Chapter 55.--OIL AND GAS Article 1.--OIL AND GAS WELLS; REGULATORY PROVISIONS

55-143. Conservation fee fund; authorized expenditures; accountingprocedures;reduction of fees and assessments, when.(a) There is hereby created in the state treasury the conservation feefund.All deposits credited to the conservation fee fund shall befor the use of the state corporationcommission in administering the provisions of K.S.A.55-172 through 55-184, 55-601 through 55-613, 55-701 through55-713, 55-901and 55-1201 through 55-1205, and amendments thereto.All expendituresfrom the conservation fee fund shall be made in accordance with appropriationacts upon warrants of the director of accounts and reports issued pursuantto vouchers approved by the chairperson of the state corporation commissionor by a person or persons designated by the chairperson. The corporationcommission, with the approval of the director of accounts and reports, shallformulate a system of accounting procedures to account for the money creditedto the conservation fee fundpursuant to this section.

(b) Whenever the state corporation commission determines that theunencumbered balance of moneyscredited to the conservation fee fund at the end of a fiscal year is morethan necessary, when considered in relation to the amount of revenues andexpenditures estimated for the ensuing fiscal year and an appropriateunencumbered balance in the fund at the end of the ensuing fiscal year, thecommission shall proportionally reduce all fees andassessments which are charged, taxed or assessed by the commission asauthorized or required by law, other than fees or assessments in amountsprescribed by statute or any penalties authorized by statute, and which arecollected and deposited to the credit of the conservation fee fund, inorder to reduce such unencumbered ending balance in the fund to an appropriateamount.

History: L. 1978, ch. 211, § 1; L. 1982, ch. 228, § 21;L. 1986, ch. 202, § 2; L. 1986, ch. 201, § 37;L. 1995, ch. 204, § 9; July 1.