California Public Resources Code

§ 71461

PRC § 71461 Effective Jan 1, 2023Div. 34 · Part 8

Statute text

(a)On or before July 1, 2025, the secretary, in consultation with the state board, shall publish a framework for governing agreements regarding two or more tracts of land overlying the same geologic storage reservoir or reservoirs for purposes of managing, developing, and operating a carbon dioxide capture, removal, or sequestration project. The framework shall include recommended requirements for the submission of these agreements to, and the review, approval, or denial of these agreements by, an authorized state agency, and shall include, but not be limited to, all of the following:

(1)Identification of the appropriate state agency for submission, review, and approval or denial of the agreements, including any legal authorization or delegation necessary.

(2)A requirement that agreement proponents own title to at least an undivided three-fourths of the total interests subject to the proposed agreement.

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Legislative history

Added by Stats. 2022, Ch. 359, Sec. 5. (SB 905) Effective January 1, 2023.