The bill amends sections 1509.33 and 1509.99 of the Revised Code and enacts new sections 1509.71 through 1509.79 and 5301.57 through 5301.60 to create a comprehensive regulatory framework for carbon capture and storage technologies, particularly focusing on the geologic sequestration of carbon dioxide. It introduces civil penalties of up to $10,000 for violations related to carbon sequestration activities and defines key terms such as "carbon dioxide well," "carbon sequestration," and "storage operator." The division of oil and gas resources management is granted exclusive authority to regulate these activities, with responsibilities that include adopting rules for permit applications, inspections, and safety measures.

Additionally, the bill mandates that storage operators obtain a UIC Class VI permit and outlines the application process, including requirements for consent from pore space owners and public hearings. It establishes that upon the issuance of a certificate of project completion, the former storage operator is released from regulatory obligations, transferring primary responsibility for the stored carbon dioxide to the state, except in cases of violations or environmental threats. The bill also clarifies ownership rights related to pore space, asserting that surface owners hold ownership unless specified otherwise, and it repeals conflicting existing sections of the Revised Code to streamline the regulatory framework for carbon dioxide storage and sequestration.

Statutes affected:
As Reported By House Committee: 1509.33, 1509.99
As Passed By House: 1509.33, 1509.99