Bill Status of SB 1500   104th General Assembly


Short Description:  DNR-PORE SPACE COMPENSATION

Senate Sponsors
Sen. Michael W. Halpin-Graciela Guzmán

Last Action  View All Actions

DateChamber Action
  4/11/2025SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
415 ILCS 185/15

Synopsis As Introduced
Amends the Safety and Aid for the Environment in Carbon Capture and Sequestration Act. In provisions regarding integration and unitization of ownership interests and just compensation for nonconsenting pore space owners, provides that such compensation shall be no less than the average total payment package provided to similarly situated consenting pore space owners (rather than provided in agreements during the previous 365 days to similarly situated pore space owners). Removes provisions requiring the compensation to exclude incentives provided to consenting pore space owners prior to the initiation of injection. Removes provisions requiring the compensation to include any operations term or injection term payments made upon or after the initiation of injection provided to consenting pore space owners in consideration of allowing use of their pore space for sequestration of carbon dioxide.

Actions 
DateChamber Action
  2/4/2025SenateFiled with Secretary by Sen. Michael W. Halpin
  2/4/2025SenateFirst Reading
  2/4/2025SenateReferred to Assignments
  2/18/2025SenateAssigned to Energy and Public Utilities
  3/4/2025SenateAdded as Chief Co-Sponsor Sen. Graciela Guzmán
  3/20/2025SenatePostponed - Energy and Public Utilities
  3/21/2025SenateRule 2-10 Committee Deadline Established As April 4, 2025
  4/4/2025SenateRule 2-10 Committee Deadline Established As April 11, 2025
  4/11/2025SenateRule 3-9(a) / Re-referred to Assignments

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