The bill amends the Utility Facility Environmental and Economic Protection Act to include specific gas pipeline facilities as exemptions. It introduces a new exemption for gas pipelines that are constructed primarily to serve a single customer or a group of customers, provided that the pipelines are entirely located on land owned or leased by those customers. The bill specifies that the lease must be entered into to facilitate the issuance of bonds under certain Arkansas statutes, and the pipelines must be under the common ownership or control of the customer or group of customers.
Additionally, the bill includes an emergency clause, citing the high inflation rate and the need for job creation in Arkansas as reasons for its immediate necessity. It states that the construction of these pipelines will provide jobs for Arkansans, and therefore, the act will take effect immediately upon approval by the Governor or under specified conditions if not vetoed.
Statutes affected: SB 325: 23-18-504(a)