Bill > HB568

This bill establishes stringent reporting and accountability procedures for carbon capture and storage projects, specifically focusing on Class VI wells (deep underground wells used for carbon dioxide storage). The legislation requires owners and operators to report within 24 hours any incidents such as carbon dioxide pipeline ruptures, seismic activities, or equipment malfunctions that could potentially release stored carbon dioxide. Required reports must include detailed information about the incident's location, cause, potential risks to public health and environment, and immediate mitigation steps. The bill mandates that such incidents be disclosed within 48 hours to affected landowners, emergency responders, local officials, and the general public through official websites and press releases. Failure to report incidents carries severe penalties, including potential felony charges for executives, fines up to $500,000 per violation, permanent permit revocation, and personal liability for damages. Additionally, intentionally concealing or altering incident data can result in a minimum $1 million fine, potential civil lawsuits, and criminal prosecution. The bill aims to enhance transparency, public safety, and environmental protection in carbon capture and storage operations by creating robust reporting and accountability mechanisms.

Agriculture and Natural Resources

https://www.legis.la.gov/legis/BillInfo.aspx?s=25rs&b=HB568&sbi=y