Release of CO2; creating CO2 victim lien; specifying terms; providing for perfection of lien; providing for termination of lien. Effective date.

SB 1018 creates a "CO2 victim lien" for individuals or entities affected by CO2 pipeline ruptures or releases within a defined 25-mile "kill zone." It directly affects residents, property owners, farmers, and water source users in the affected area, granting them a legal claim against the pipeline owner for all damages (including punitive damages) incurred. To enforce this claim, victims must file a UCC-1 financing statement with the county clerk within one year of the incident, giving the lien retroactive priority to the release date. The lien remains valid until a termination statement is filed upon payment or the victim's relinquishment, and bankruptcy proceedings must temporarily hold owner assets for lienholders for up to one year. The bill takes effect November 1, 2025.