House Bill No. 601, introduced by Representative Geymann, aims to amend existing laws regarding carbon dioxide (CO2) sequestration in Louisiana. The bill removes the expropriating authority for CO2 storage pipeline companies, meaning these entities will no longer have the power to take private property for pipeline construction. It also prohibits foreign-owned entities from being considered expropriating authorities, thereby restricting the ability of companies owned by non-U.S. citizens or entities to expropriate property for CO2 sequestration purposes. Additionally, the bill requires transporters of CO2 to obtain a certificate of public convenience and necessity before constructing a CO2 storage pipeline, and it clarifies that such certificates do not grant the right to use eminent domain.

Furthermore, the bill introduces specific notice requirements for property owners prior to any agreements for the use of their land for pipeline construction. This notice must inform landowners that the pipeline company does not have the legal authority to take their property through eminent domain. The proposed changes aim to enhance transparency and protect property rights while regulating the transportation and storage of carbon dioxide in the state.

Statutes affected:
HB601 Original: 19:2(10), 30:1107(B)
HB601 Engrossed: 19:2(10), 30:1107(B), 30:1108(A)(1)