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 regulatory framework for carbon capture and storage technologies, particularly focusing on the geologic sequestration of carbon dioxide. It defines key terms related to carbon dioxide and carbon sequestration projects, while granting the division of oil and gas resources management exclusive authority to regulate these activities. The legislation establishes comprehensive rules for the operation and permitting of storage facilities, outlines penalties for violations, and mandates the chief of the division to adopt rules for administration and enforcement, including permit applications and safety measures.

Additionally, the bill introduces regulations that emphasize the responsibilities of storage operators, including monitoring seismic activity and protecting oil and gas interests. It requires operators to implement a seismicity monitoring system and ensures that permits are issued only if oil and gas interests are not adversely affected. The bill also details the application process for storage operators, including requirements for notifying pore space owners and addressing objections. Once a certificate of project completion is issued, the former operator is released from regulatory obligations, with the state assuming primary responsibility for the stored carbon dioxide, except in cases of violations. The bill clarifies ownership rights regarding pore space and limits liability for property owners, while repealing conflicting existing sections of the Revised Code.

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