ENERGY: Provides relative to nonconsenting mineral interest owners within a carbon dioxide storage unit (OR SEE FISC NOTE GF RV)

HB 500 addresses mineral rights for owners whose land contains carbon dioxide storage units. It requires operators of such storage projects to compensate nonconsenting mineral owners for the value of minerals they cannot access due to the unit, and to reimburse them for extra drilling costs if they drill through the unit to access minerals. The bill modifies Louisiana law to ensure mineral owners affected by carbon storage projects receive financial redress for lost access or increased expenses, directly impacting landowners with mineral interests beneath designated CO2 storage areas.