This bill amends the Natural Resources and Environmental Protection Act to introduce new regulations and definitions related to carbon dioxide capture projects. Key insertions include definitions for "carbon dioxide capture project," "carbon dioxide stream," and "environmental justice community," which clarify the scope and requirements for these projects. A new section (5505c) mandates that a permit is required for installing carbon dioxide capture projects, which includes public notice and comment, as well as criteria for permit approval such as ensuring no net increase in allowable emissions and demonstrating effective carbon capture rates. The bill also outlines the necessary components for permit applications, including a greenhouse gas inventory analysis and monitoring equipment to ensure compliance with air quality standards.

Furthermore, the bill requires the Department of Environmental Quality to submit a report every three years to the governor and legislature on the progress of carbon dioxide capture projects, including assessments of actions taken by other states and the federal government. It allows the department to set a minimum carbon dioxide capture rate of 90%, with flexibility based on technical feasibility. The bill establishes penalties for violations, including civil fines up to $50,000, and grants the attorney general authority to initiate civil actions against violators. Overall, the amendments aim to enhance environmental protections while ensuring that carbon capture initiatives consider the impacts on disadvantaged communities.