ArkansasHB14112025 Regular SessionHouse

TO CLARIFY THE REGULATION OF CARBON CAPTURE AND SEQUESTRATION; AND TO ESTABLISH THE CARBON DIOXIDE STORAGE FUND.

Sponsored By: Matthew J. Shepherd (Republican), Matt Stone (Republican)

Enacted

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 0 benefits, 1 costs, 2 mixed.

New fees for carbon storage operators

The Commission may charge up to $50,000 for each carbon dioxide storage permit application. Operators must pay $1,000 each year for every Class VI injection well permitted for carbon dioxide storage. Both charges go into the Oil and Gas Commission Fund. The law classifies carbon storage fees and related revenue as state special revenues.

New safeguards for Arkansas carbon storage

The Arkansas Oil and Gas Commission can set underground carbon storage rules and run the Class VI injection well program. These rules must follow applicable Safe Drinking Water Act provisions as they existed on January 1, 2025. The Commission may require operators to provide financial guarantees tied to compliance with storage and well rules. It cannot issue a Certificate of Closure until at least 10 years after carbon dioxide injection stops. The closure decision requires notice and a hearing.

Carbon storage fees fund long-term cleanup

Operators pay 10 cents per ton of carbon dioxide injected for storage. Three cents goes to the Oil and Gas Commission Fund; seven cents goes to the new Carbon Dioxide Storage Fund. The storage fund receives state special revenues, gifts, grants, and other revenue authorized by law. Through contracts or direct payments, the Commission can fund abandoned-well plugging, well monitoring, and cleanup of related facilities. It can also fund post-closure testing, long-term inspections, and emergency repairs to wells and facilities that threaten public health or safety. It can cover leaks after a Certificate of Closure is issued and all financial guarantees are released, plus related work to protect drinking water and public safety.

Sponsors & Cosponsors

Sponsors

  • Matthew J. Shepherd

    Republican • House

  • Matt Stone

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 118 • No: 4

Senate vote • 2/19/2025

Senate Vote - Wednesday, February 19, 2025 2:23:50 PM

Yes: 20 • No: 4 • Other: 5

House vote • 2/13/2025

House Vote - Thursday, February 13, 2025 2:07:43 PM

Yes: 98 • No: 0 • Other: 1

Actions Timeline

  1. Notification that HB1411 is now Act 149

    2/25/2025House
  2. Correctly enrolled and ordered transmitted to the Governor's Office.

    2/20/2025House
  3. TO BE ENROLLED

    2/19/2025House
  4. Returned from the Senate as passed.

    2/19/2025House
  5. Returned to the House as passed.

    2/19/2025Senate
  6. Read the third time and passed.

    2/19/2025Senate
  7. Returned by the Committee, with the recommendation that it Do Pass

    2/18/2025Senate
  8. Read first time, rules suspended, read second time, referred to AGRICULTURE, FORESTRY & ECONOMIC DEVELOPMENT - SENATE

    2/13/2025Senate
  9. Received from the House.

    2/13/2025Senate
  10. Read the third time and passed and ordered transmitted to the Senate.

    2/13/2025House
  11. Returned by the Committee Do Pass

    2/12/2025House
  12. Read the first time, rules suspended, read the second time and referred to the Committee on AGRICULTURE, FORESTRY & ECONOMIC DEVELOPMENT- HOUSE

    2/5/2025House
  13. Filed

    2/5/2025House

Bill Text

  • HB1411 - Introduced

    2/5/2025

  • Act Version

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