DORMANT MINERAL INTERESTS ACT Senate SponsorsSen. Kwame Raoul 1/8/2013SenateSession Sine Die New ActCreates the Dormant Mineral Interests Act. Provides a statement of public policy and definitions. Describes mineral interests to which the Act does not apply. Describes the process for and the limitations on the termination of a dormant mineral interest. Provides for the preservation of a mineral interest through a recorded notice process. Allows for late recording of a mineral interest by the mineral owner in specified circumstances. Describes the effect of a court termination of a mineral interest. Provides for the implementation of the Act, limitations on actions under the Act, and uniformity of application and construction of the Act. Contains a severability provision. 2/7/2012SenateFiled with Secretary by Sen. Kwame Raoul 2/7/2012SenateFirst Reading 2/7/2012SenateReferred to Assignments 2/17/2012SenateAssigned to Judiciary 2/28/2012SenatePostponed - Judiciary 3/7/2012SenatePostponed - Judiciary 3/9/2012SenateRule 3-9(a) / Re-referred to Assignments 1/8/2013SenateSession Sine Die