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Bill Detail: SB24-159

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Title Mod to Energy & Carbon Management Processes
Status Senate Committee on Agriculture & Natural Resources Postpone Indefinitely (03/28/2024)
Bill Subjects
  • Natural Resources & Environment
House Sponsors A. Boesenecker (D)
J. Marvin (D)
Senate Sponsors K. Priola (D)
S. Jaquez Lewis (D)
House Committee
Senate Committee Agriculture and Natural Resources
Date Introduced 02/13/2024
Summary

On or before July 1, 2027, section 2 of the bill requires the energy
and carbon management commission (commission) to adopt rules
(permitting rules) to cease issuing new oil and gas permits (permits)
before January 1, 2030, which rules must include certain reductions in the
total number of oil and gas wells covered by new permits issued in 2028
and 2029.
Section 2 also requires the commission to include as a condition
in any permit issued after July 1, 2024, that certain operations must
commence on or before December 31, 2032, as to each oil and gas well
included in the permit.
If the commission determines that mitigation of adverse
environmental impacts is necessary as a result of oil and gas operations,
current law requires the commission to issue an order requiring a
responsible party to perform the mitigation. If the responsible party
refuses to perform the mitigation or is identified after the state provides
funds for the mitigation, the commission must sue the responsible party
to recover the costs of the mitigation. Section 3 changes current law by:
  • Expanding mitigation to include mitigation of adverse
environmental impacts as a result of any activity regulated
by the commission;
  • Adding a prior owner or operator to the definition of
responsible party; and
  • Allowing a current or prior owner or operator to be held
jointly and severally liable for the costs of any mitigation.
Section 4 requires the office of future of work to present
recommendations as a result of the adoption of the permitting rules to the
general assembly in January 2028.

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