Drill, Pa., Drill — On School Land

Law360, New York (October 18, 2012, 5:07 PM EDT) -- On Oct. 8, 2012, Gov. Tom Corbett signed into law legislation that will allow the Commonwealth of Pennsylvania to lease mineral rights under land owned by state universities. The new law took effect immediately upon execution by the governor.

Act 147 of 2012, which is called the Indigenous Mineral Resources Development Act (IMRDA), allows the Pennsylvania Department of General Services to enter into leases to allow the mining or removal of coal, oil, natural gas, coal-bed methane and limestone found underneath certain state-owned land. IMRDA requires...
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