Bill Text: IA HF684 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to carbon dioxide sequestration, making an appropriation, and including effective date provisions.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-27 - Introduced, referred to Judiciary. H.J. 734. [HF684 Detail]
Download: Iowa-2023-HF684-Introduced.html
House
File
684
-
Introduced
HOUSE
FILE
684
BY
ISENHART
A
BILL
FOR
An
Act
relating
to
carbon
dioxide
sequestration,
making
an
1
appropriation,
and
including
effective
date
provisions.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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2208YH
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H.F.
684
Section
1.
Section
479B.9,
Code
2023,
is
amended
to
read
as
1
follows:
2
479B.9
Final
order
——
condition.
3
The
board
may
grant
a
permit
,
subject
to
section
479B.34,
in
4
whole
or
in
part
upon
terms,
conditions,
and
restrictions
as
to
5
location
and
route
as
it
determines
to
be
just
and
proper.
A
6
permit
shall
not
be
granted
to
a
pipeline
company
unless
the
7
board
determines
that
the
proposed
services
will
promote
the
8
public
convenience
and
necessity.
9
Sec.
2.
NEW
SECTION
.
479B.34
Contested
case
proceeding.
10
A
pipeline
company
shall
be
required
to
prove
to
the
board
11
in
a
contested
case
proceeding
subject
to
chapter
17A
that
12
there
is
no
less
costly,
less
burdensome,
or
more
efficient
13
alternative
to
sequester
carbon
dioxide
than
the
pipeline
14
company’s
application
for
a
permit.
15
Sec.
3.
IOWA
GEOLOGICAL
SURVEY.
There
is
appropriated
from
16
the
federal
Coronavirus
State
and
Local
Fiscal
Recovery
Funds,
17
31
C.F.R.
§35,
to
the
Iowa
geological
survey
created
in
section
18
456.1
for
the
fiscal
year
beginning
July
1,
2023,
and
ending
19
June
30,
2024,
the
following
amount,
or
so
much
thereof
as
is
20
necessary,
to
be
used
for
the
purposes
designated:
21
For
the
assessment
of
the
geological
capacity
and
22
feasibility
of
sequestering
industrial
carbon
emissions
in
the
23
state:
24
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
12,500,000
25
The
Iowa
geological
survey
shall
submit
quarterly
reports
to
26
the
department
of
natural
resources,
the
department
of
economic
27
development,
and
members
of
the
general
assembly,
regarding
28
carbon
dioxide
sequestration
and
shall
submit
a
final
report
29
by
June
30,
2024.
30
Notwithstanding
section
8.33,
moneys
appropriated
in
this
31
section
that
remain
unencumbered
or
unobligated
at
the
close
of
32
the
fiscal
year
shall
not
revert
but
shall
remain
available
for
33
expenditure
for
the
purposes
designated
until
the
close
of
the
34
succeeding
fiscal
year.
35
-1-
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2208YH
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90
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1/
3
H.F.
684
Sec.
4.
ECONOMIC
DEVELOPMENT
AUTHORITY.
There
is
1
appropriated
from
the
federal
Coronavirus
State
and
Local
2
Fiscal
Recovery
Funds,
31
C.F.R.
§35,
to
the
Iowa
economic
3
development
authority
for
the
fiscal
year
beginning
July
1,
4
2023,
and
ending
June
30,
2024,
the
following
amount,
or
so
5
much
thereof
as
is
necessary,
to
be
used
for
the
purposes
6
designated:
7
For
the
support
of
the
office
of
the
governor’s
carbon
8
sequestration
task
force
upon
a
positive
feasibility
report
9
from
the
Iowa
geological
survey,
to
prepare
for
and
facilitate
10
the
capture
and
sequestration
of
carbon
dioxide
in
the
11
state
by
industrial
carbon
emitters
subject
to
regulation
12
by
the
department
of
natural
resources
in
consultation
and
13
coordination
with
stakeholders:
14
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
250,000
15
Notwithstanding
section
8.33,
moneys
appropriated
in
this
16
section
that
remain
unencumbered
or
unobligated
at
the
close
of
17
the
fiscal
year
shall
not
revert
but
shall
remain
available
for
18
expenditure
for
the
purposes
designated
until
the
close
of
the
19
succeeding
fiscal
year.
20
Sec.
5.
EFFECTIVE
DATE.
This
Act,
being
deemed
of
immediate
21
importance,
takes
effect
upon
enactment.
22
EXPLANATION
23
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
24
the
explanation’s
substance
by
the
members
of
the
general
assembly.
25
This
bill
relates
to
carbon
dioxide
sequestration.
26
The
bill
requires
a
pipeline
company
to
prove
that
there
is
27
no
less
costly,
less
burdensome,
or
more
efficient
alternative
28
to
sequester
carbon
dioxide
than
the
pipeline
company’s
29
application
for
a
permit
in
a
contested
case
proceeding
30
pursuant
to
Code
chapter
17A.
31
The
bill
makes
an
appropriation
to
the
Iowa
geological
32
survey
to
assess
the
geological
capacity
and
feasibility
of
33
sequestering
industrial
carbon
emissions
in
the
state.
The
34
bill
requires
the
Iowa
geological
survey
to
submit
quarterly
35
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2208YH
(3)
90
es/rn
2/
3
H.F.
684
reports
to
specified
departments
and
entities,
and
submit
a
1
final
report
on
June
30,
2024.
2
The
bill
makes
an
appropriation
to
the
economic
development
3
authority
for
the
support
of
the
office
of
the
governor’s
4
carbon
sequestration
task
force,
which
shall
consult
and
5
coordinate
with
stakeholders.
6
The
bill
takes
effect
upon
enactment.
7
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