DNR-PORE SPACE COMPENSATION
Summary
Amends the Safety and Aid for the Environment in Carbon Capture and Sequestration Act. In provisions regarding integration and unitization of ownership interests and just compensation for nonconsenting pore space owners, provides that such compensation shall be no less than the average total payment package provided to similarly situated consenting pore space owners (rather than provided in agreements during the previous 365 days to similarly situated pore space owners). Removes provisions requiring the compensation to exclude incentives provided to consenting pore space owners prior to the initiation of injection. Removes provisions requiring the compensation to include any operations term or injection term payments made upon or after the initiation of injection provided to consenting pore space owners in consideration of allowing use of their pore space for sequestration of carbon dioxide.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2025
Last action Apr 11, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
2
Committee
5
Apr 11, 2025
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Apr 4, 2025
Upper · Passed
Rule 2-10 Committee Deadline Established As April 11, 2025
upper
Mar 21, 2025
Upper · Passed
Rule 2-10 Committee Deadline Established As April 4, 2025
upper
Feb 18, 2025
Committee
Assigned to Energy and Public Utilities
upper
Feb 4, 2025
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor
Sponsors
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