This bill amends existing legislation regarding the permitting and operation of pipelines that transport liquefied carbon dioxide in Iowa. Specifically, it prohibits the Iowa Utilities Commission from granting exclusive rights to any pipeline company for the construction, maintenance, or operation of such pipelines along public or private properties. Furthermore, the bill establishes that permits for these pipelines cannot be renewed and that their operational lifespan is capped at twenty-five years.
The key changes introduced by this bill include the explicit prohibition on the renewal of permits for liquefied carbon dioxide pipelines and the stipulation that no such pipeline may operate beyond the twenty-five-year limit. While current law already restricts the duration of permits to twenty-five years, this bill reinforces that limitation specifically for pipelines transporting liquefied carbon dioxide, thereby enhancing regulatory oversight in this area.
Statutes affected: Introduced: 479B.14