SB 460 proposes to exempt required fencing around oil and gas well pads from property taxes. This change directly affects landowners and operators who must install specific fencing as part of drilling permits. The bill creates a new tax exemption section that applies to tax years ending on or after the law takes effect. By removing the tax burden on this specific fencing, the legislation aims to reduce costs associated with compliance for energy development projects.
To urge the U.S. Environmental Protection Agency to review and reconsider certain rules that impact our country's energy security and Ohio's small conventional oil and gas operators.
To amend section 4929.02 and to enact sections 4929.51, 4929.52, 4929.53, 4929.55, 4929.57, and 4929.59 of the Revised Code to allow for competitive retail natural gas service suppliers to offer carbon offsets to customers.
HB 121 defines "renewable natural gas" as biologically derived methane meeting pipeline standards and specifies that producers without on-site pipeline injection capability are not considered public utilities. This directly affects certain renewable natural gas producers who lack the infrastructure to connect directly to gas pipelines. The bill’s key mechanism reclassifies these producers out of the public utility regulatory framework by removing them from the definition of "public utility" under Ohio law. The change would exempt them from utility-specific regulations, such as rate oversight or service requirements, without altering their operational standards. The bill is currently in committee after introduction on February 24, 2025.
To amend sections 4909.05, 4909.06, 4909.07, 4909.08, 4909.15, 4909.155, 4909.156, 4909.18, 4909.191, 4909.42, 4928.18, and 4929.041 and to enact sections 4903.30, 4929.052, 4929.053, 4929.054, 4929.055, 4929.056, 4929.057, 4929.058, 4929.059, and 4929.0510 of the Revised Code to allow for alternative rate plans for natural gas companies to serve large load customers and to make changes to the process of valuating natural gas company property.
To enact sections 1509.71, 1509.72, 1509.73, 1509.75, 1509.76, 1509.77, 1509.79, 5301.57, 5301.58, 5301.59, and 5301.60 of the Revised Code to establish a process to regulate carbon capture and storage technologies and the geologic sequestration of carbon dioxide for long-term storage.
To enact sections 1509.71, 1509.72, 1509.73, 1509.75, 1509.76, 1509.77, 1509.79, 5301.57, 5301.58, 5301.59, and 5301.60 of the Revised Code to establish a process to regulate carbon capture and storage technologies and the geologic sequestration of carbon dioxide for long-term storage.
To amend sections 4909.05, 4909.06, 4909.07, 4909.08, 4909.15, 4909.155, 4909.156, 4909.18, 4909.191, 4909.42, 4928.18, and 4929.041 and to enact sections 4903.30, 4929.052, 4929.053, 4929.054, 4929.055, 4929.056, 4929.057, 4929.058, 4929.059, and 4929.0510 of the Revised Code to allow for alternative rate plans for natural gas companies to serve large load customers and to make changes to the process of valuating natural gas company property.
