SB 373 IN Passed Legislature
Carbon credit market, carbon sequestration, and federal mandates.
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Summary
Requires the state department of agriculture and the department of natural resources, in consultation with Purdue University, the utility regulatory commission (IURC), agricultural producers, woodland owners, foresters, certain technical experts, the agricultural industry, the forest industry, and environmental and conservation groups, to: (1) study and make findings and recommendations concerning the potential role of the state in a voluntary carbon credit market; and (2) issue a written report to the general assembly. Requires the director of the department of natural resources to designate the operator of the carbon sequestration pilot project (pilot project) before July 31, 2021. Provides that material compliance by the pilot project with a permit for a Class VI carbon dioxide underground injection well is an affirmative defense for the pilot project against certain civil actions or claims. Provides that: (1) a claimant may overcome the affirmative defense by proving actual interference with the use of the property or direct physical injury to tangible property; and (2) recovery by a public utility for any effect of the pilot project on the sources of the utility's public water supply is not prohibited or limited. Defines a "federal phaseout mandate" as any federal statutory or regulatory requirement that: (1) is established after April 20, 2021, by Congress, a federal agency, or a federal executive order; and (2) requires the phaseout or discontinuance of a particular type of electric generating facility, technology, or fuel source. Requires the IURC to consider in the context of: (1) applications for certificates of public convenience and necessity for new generating facilities; and (2) integrated resource planning; the impact of federal phaseout mandates on the estimated useful life of certain generating facilities of an electric utility, including on depreciation expense associated with such facilities.
Sponsors (4)
- Susan Glick Republican · author
- Rick Niemeyer Republican · author
- J.D. Ford Democratic · author
- Don Lehe · sponsor
13 coauthors / cosponsors
- Eric Bassler Republican · coauthor
- Shelli Yoder Democratic · coauthor
- Chip Perfect · coauthor
- Timothy Lanane · coauthor
- James Tomes Republican · coauthor
- Blake Doriot Republican · coauthor
- Fady Qaddoura Democratic · coauthor
- Jon Ford · coauthor
- Karen Tallian · coauthor
- Lonnie Randolph Democratic · coauthor
- David Abbott Republican · cosponsor
- Sue Errington Democratic · cosponsor
- Ryan Dvorak Democratic · cosponsor
Action history (33)
- Jan 12, 2021 Authored by Senator Glick · upper
- Jan 12, 2021 First reading: referred to Committee on Natural Resources · upper
- Jan 25, 2021 Senator Niemeyer added as second author · upper
- Jan 25, 2021 Senator Ford J.D. added as third author · upper
- Jan 25, 2021 Senator Bassler added as coauthor · upper
- Jan 28, 2021 Senator Yoder added as coauthor · upper
- Feb 1, 2021 Committee report: do pass, adopted · upper
- Feb 4, 2021 Senators Perfect, Lanane, Tomes, Doriot added as coauthors · upper
- Feb 11, 2021 Senator Qaddoura added as coauthor · upper
- Feb 15, 2021 Senator Ford Jon added as coauthor · upper
- Feb 15, 2021 Senator Tallian added as coauthor · upper
- Feb 18, 2021 Second reading: ordered engrossed · upper
- Feb 22, 2021 Senator Randolph added as coauthor · upper
- Feb 22, 2021 Third reading: passed; Roll Call 161: yeas 33, nays 16 · upper
- Feb 22, 2021 House sponsor: Representative Lehe · upper
- Feb 22, 2021 Cosponsor: Representative Abbott D · upper
- Feb 23, 2021 Referred to the House · upper
- Mar 4, 2021 First reading: referred to Committee on Natural Resources · lower
- Apr 5, 2021 Referred to Committee on Judiciary pursuant to House Rule 84 · lower
- Apr 5, 2021 Committee report: amend do pass, adopted · lower
- Apr 6, 2021 Representative Errington added as cosponsor · lower
- Apr 6, 2021 Representative Dvorak added as cosponsor · lower
- Apr 8, 2021 Committee report: amend do pass, adopted · lower
- Apr 12, 2021 Amendment #2 (Soliday) prevailed; voice vote · lower
- Apr 12, 2021 Second reading: amended, ordered engrossed · lower
- Apr 13, 2021 Third reading: passed; Roll Call 432: yeas 65, nays 30 · lower
- Apr 14, 2021 Returned to the Senate with amendments · lower
- Apr 15, 2021 Motion to dissent filed · upper
- Apr 15, 2021 House conferees appointed: Lehe and Hatfield · lower
- Apr 15, 2021 House advisors appointed: Soliday, Morrison, Boy, Dvorak and Errington · lower
- Apr 15, 2021 Senate dissented from House amendments · upper
- Apr 19, 2021 Senate conferees appointed: Glick and Tallian · upper
- Apr 19, 2021 Senate advisors appointed: Niemeyer and Niezgodski · upper
Text versions (5)
The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.
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