Environmental protection: air pollution; regulation of carbon sequestration; provide for. Amends secs. 502 & 1301 of 1994 PA 451 (MCL 324.502 & 324.1301); adds sec. 52509 & subch. 6 to ch. 3 of art. III. TIE BAR WITH: SB 0394'25, SB 0395'25
Take action
Take a stance or write a position on this measure.
Create an account to take a stance, submit a written position, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to regulate carbon sequestration, a process of capturing and storing carbon dioxide to reduce greenhouse gas emissions. It amends existing environmental regulations to allow for the creation of carbon sequestration projects and the storage of carbon dioxide in underground formations. Specifically, it establishes a framework for permitting, monitoring, and financial responsibility related to these projects, including provisions for compensating landowners and ensuring environmental safety.
Key provisions
- Establishes a fund for forest management and remediation related to carbon sequestration projects.
- Creates a process for permitting carbon sequestration projects, including requirements for public notice and hearings.
- Defines key terms related to carbon sequestration, such as ‘carbon dioxide stream’ and ‘storage reservoir.’
- Specifies financial responsibility requirements for carbon sequestration project operators, including potential liability for environmental damage.
- Outlines a schedule for issuing certificates of project completion, indicating when a project is considered permanently closed.
- Establishes a fee structure for carbon sequestration projects, with revenue allocated to various state funds.
- Addresses ownership of carbon dioxide credits, assigning them to the project operator.
- Requires compliance with federal regulations related to underground injection control.
Who is affected
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Senate Introduced Bill
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
No sponsors are on record.
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours