This bill amends the Fiscal Code of Pennsylvania, specifically addressing the Oil and Gas Lease Fund and the use of forest land by the Commonwealth. It modifies the sources of revenue for the Oil and Gas Lease Fund by replacing the term "rents" with "Except as provided under section 1798.1-E(h)(3)(i), rents" and similarly adjusts the language regarding amounts from the Indigenous Mineral Resources Development Act. Additionally, the bill introduces a new section that establishes a Forest Reserves Municipal Relief Supplement Account, which will receive 20% of various revenues, including rents and royalties from oil and gas leases, timber sales, and energy development on Commonwealth-owned land.

Furthermore, the bill outlines a new annual charge structure for land owned by the Department of Conservation and Natural Resources, specifying payments to counties, school districts, and townships based on acreage. It also includes provisions for adjusting these payments based on the Consumer Price Index every five years, ensuring that the amounts reflect inflation. The act is set to take effect immediately upon passage.

Statutes/Laws affected:
Printer's No. 2766 (Jan 14, 2026): P.L.343, No.176