The bill amends and reenacts certain provisions of Louisiana's Revised Statutes regarding carbon sequestration, specifically R.S. 30:1107(C) and (D), while also enacting new sections R.S. 30:1105(D) and 1107(E). Key changes include the requirement for the secretary to give substantial consideration to local government comments during public hearings or comment periods. Additionally, it establishes that any transporter of carbon dioxide with a previously issued certificate of public convenience and necessity will retain its validity.

Furthermore, the bill clarifies that compliance with the provisions of this Chapter or any related rules will not classify storage operators or transporters of carbon dioxide as common carriers or public utilities, nor will it impose additional liabilities or obligations on them. This aims to provide regulatory clarity and protect operators from unintended classifications and tax implications while ensuring that public input is considered in the decision-making process. The bill will take effect upon the governor's signature or after the designated period for bills to become law without signature.

Statutes affected:
SB36 Original: 30:1104(A)(2), 30:2(A)
SB36 Enrolled: 30:1107(C)
SB36 Act 407: 30:1107(C)