House Bill No. [insert bill number] proposes the enactment of R.S. 30:1116, which establishes a carbon dioxide victim lien for individuals and properties affected by releases from carbon dioxide pipelines. The bill defines a "kill zone" as a 25-mile radius from a pipeline release and outlines the responsibilities of owners and operators of such pipelines. It allows any affected person or property within this zone to claim compensation for damages, including healthcare costs, property damage, and punitive damages, on the assets of the pipeline owners and operators, regardless of intent or liability.

To perfect a carbon dioxide victim lien, victims must file a financing statement within 365 days of the release that caused the damage, which will have priority over any conflicting security interests or liens. The bill also stipulates that a financing statement must indicate it is for a carbon dioxide pipeline victim lien and remains effective until a termination statement is filed. Additionally, if an owner is in bankruptcy or receivership, the responsible trustee or court must hold the assets in trust for 365 days to allow for potential lien filings.