Sign Up
HB 646 Louisiana House · 2025 Regular Session

TAX/EXCISE: Imposes an excise tax on proceeds from geologic storage of carbon dioxide (OR INCREASE GF RV See Note)

HB 646 establishes a new excise tax on the geologic storage of carbon dioxide within the state. This bill directly affects storage operators, requiring them to pay a 30% tax on their gross proceeds from these activities. The tax is in addition to existing state and local taxes and must be reported and paid quarterly to the Department of Revenue. The provisions of this act are set to become effective on July 1, 2025.
Issues: ✗ EnergyOpposes EnergyBill imposes 30% excise tax on carbon dioxide storage, increasing costs for operators and restricting development of carbon storage infrastructure, which is part of energy infrastructure.90% confidence ✗ EnvironmentOpposes EnvironmentTax on CO2 storage increases costs for carbon capture, hindering emissions reduction efforts and weakening climate protection measures.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 22, 2025 Last action Apr 23, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Apr 23, 2025
Committee
Read by title, under the rules, referred to the Committee on Ways and Means.
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Robby Carter
Robby Carter
DDemocratic
LA
72