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SB 373 IN
Passed Legislature

Carbon credit market, carbon sequestration, and federal mandates.

IN · session 2021 · Senate · bill

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Introduced Jan 12, 2021

Latest action (Apr 19, 2021) Senate advisors appointed: Niemeyer and Niezgodski

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)

13 coauthors / cosponsors

Action history (33)

  1. Jan 12, 2021 Authored by Senator Glick · upper
  2. Jan 12, 2021 First reading: referred to Committee on Natural Resources · upper
  3. Jan 25, 2021 Senator Niemeyer added as second author · upper
  4. Jan 25, 2021 Senator Ford J.D. added as third author · upper
  5. Jan 25, 2021 Senator Bassler added as coauthor · upper
  6. Jan 28, 2021 Senator Yoder added as coauthor · upper
  7. Feb 1, 2021 Committee report: do pass, adopted · upper
  8. Feb 4, 2021 Senators Perfect, Lanane, Tomes, Doriot added as coauthors · upper
  9. Feb 11, 2021 Senator Qaddoura added as coauthor · upper
  10. Feb 15, 2021 Senator Ford Jon added as coauthor · upper
  11. Feb 15, 2021 Senator Tallian added as coauthor · upper
  12. Feb 18, 2021 Second reading: ordered engrossed · upper
  13. Feb 22, 2021 Senator Randolph added as coauthor · upper
  14. Feb 22, 2021 Third reading: passed; Roll Call 161: yeas 33, nays 16 · upper
  15. Feb 22, 2021 House sponsor: Representative Lehe · upper
  16. Feb 22, 2021 Cosponsor: Representative Abbott D · upper
  17. Feb 23, 2021 Referred to the House · upper
  18. Mar 4, 2021 First reading: referred to Committee on Natural Resources · lower
  19. Apr 5, 2021 Referred to Committee on Judiciary pursuant to House Rule 84 · lower
  20. Apr 5, 2021 Committee report: amend do pass, adopted · lower
  21. Apr 6, 2021 Representative Errington added as cosponsor · lower
  22. Apr 6, 2021 Representative Dvorak added as cosponsor · lower
  23. Apr 8, 2021 Committee report: amend do pass, adopted · lower
  24. Apr 12, 2021 Amendment #2 (Soliday) prevailed; voice vote · lower
  25. Apr 12, 2021 Second reading: amended, ordered engrossed · lower
  26. Apr 13, 2021 Third reading: passed; Roll Call 432: yeas 65, nays 30 · lower
  27. Apr 14, 2021 Returned to the Senate with amendments · lower
  28. Apr 15, 2021 Motion to dissent filed · upper
  29. Apr 15, 2021 House conferees appointed: Lehe and Hatfield · lower
  30. Apr 15, 2021 House advisors appointed: Soliday, Morrison, Boy, Dvorak and Errington · lower
  31. Apr 15, 2021 Senate dissented from House amendments · upper
  32. Apr 19, 2021 Senate conferees appointed: Glick and Tallian · upper
  33. Apr 19, 2021 Senate advisors appointed: Niemeyer and Niezgodski · upper
Subjects
AGRICULTURE generallyCONSERVATION; CONSERVANCY DISTRICTSENVIRONMENT generallyFORESTS AND FORESTRYLAND AND LANDOWNERS

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.

  • Engrossed Senate Bill (H) · Apr 12, 2021 · PDF
  • Introduced Senate Bill (S) · Jan 12, 2021 · PDF
  • Senate Bill (S) · Feb 1, 2021 · PDF
  • Senate Bill (H) · Apr 5, 2021 · PDF
  • Senate Bill (H) · Apr 8, 2021 · PDF

Full text

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