The bill establishes a moratorium on the construction of carbon dioxide pipelines in South Dakota by introducing new requirements for permit issuance. Specifically, the commission is prohibited from granting permits for transmission facilities intended to transport carbon dioxide unless three conditions are met: the Pipeline and Hazardous Materials Safety Administration must have adopted final safety rules regarding carbon dioxide pipelines, the commission must verify that the application complies with these finalized rules, and the application must meet any additional conditions set by the commission to ensure public safety.

Furthermore, the bill includes a provision that allows for the repeal of this moratorium once the attorney general certifies to the South Dakota Code Commission that the proposed safety rules have been finalized and adopted. This legislative action aims to ensure that any future carbon dioxide pipeline projects adhere to stringent safety standards before they can proceed.