By: Rosenthal H.B. No. 5103 A BILL TO BE ENTITLED AN ACT relating to the abandonment of mineral proceeds for purposes of certain unclaimed property laws. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Sections 75.001(a)(1) and (2), Property Code, are amended to read as follows: (1) "Mineral" means oil, gas, uranium, sulphur, lignite, coal, lithium, salt, bromine, and any other substance that is ordinarily and naturally considered a mineral in this state, regardless of: (A) the depth at which the oil, gas, uranium, sulphur, lignite, coal, lithium, salt, bromine, or other substance is found; and (B) whether the oil, gas, uranium, sulphur, lignite, coal, lithium, salt, bromine, or other substance is found within a liquid, gas, or solid that is ordinarily and naturally considered a nonmineral in this state. (2) "Mineral proceeds" includes: (A) all obligations to pay resulting from the production and sale of all minerals produced, including net revenue interests, royalties, overriding royalties, production payments, and joint operating agreements; and (B) all obligations for the acquisition and retention of a mineral lease, including bonuses, delay rentals, shut-in royalties, and minimum royalties. SECTION 2. This Act takes effect September 1, 2025.