Section 18 – Cooperative agreements and contracts.
Effective 5/4/2022 40-11-18. Cooperative agreements and contracts. (1) The board may enter into an agreement with another government, government entity, or state agency for the purpose of carrying out the objectives described in this chapter. (2) The board may enter into a contract with a private person in order for the board to carry out […]
Section 19 – Participation of public interests.
Effective 5/4/2022 40-11-19. Participation of public interests. The governing body of a controlling state interest or interest of a political subdivision is authorized to consent to and participate in a geologic carbon storage project. Enacted by Chapter 62, 2022 General Session
Section 20 – Adoption of procedure.
Effective 5/4/2022 40-11-20. Adoption of procedure. (1) The board may adopt procedures and criteria to determine the amount of injected carbon dioxide: (a) stored in a reservoir that has been or is being used for an enhanced oil or gas recovery project; or (b) stored in a reservoir that is a part of a storage […]
Section 21 – Fees — Geologic Carbon Storage Facility Administrative Fund.
Effective 5/4/2022 40-11-21. Fees — Geologic Carbon Storage Facility Administrative Fund. (1) There is levied a fee per ton of carbon dioxide injected into a reservoir. (2) The board shall establish the fee described in Subsection (1) in accordance with Section 63J-1-504, in an amount to pay the costs to the division of the regulation […]
Section 22 – Fees — Geologic Carbon Storage Facility Trust Fund.
Effective 5/4/2022 40-11-22. Fees — Geologic Carbon Storage Facility Trust Fund. (1) There is levied a fee per ton of carbon dioxide injected into a storage facility. (2) The board shall establish the fee described in Subsection (1) in accordance with Section 63J-1-504, in an amount to pay the costs to the division of the […]
Section 8 – Findings to issue a permit.
Effective 5/4/2022 40-11-8. Findings to issue a permit. Before issuing a permit, the board shall find that: (1) the application meets all of the requirements described in Section 40-11-6; and (2) the interested parties described in Subsection 40-11-7(4) all received proper notice. Enacted by Chapter 62, 2022 General Session
Section 9 – Permit provisions.
Effective 5/4/2022 40-11-9. Permit provisions. (1) A permit shall require that: (a) an operator remain in compliance with all of the permit requirements described in Subsection 40-11-6(3); and (b) an operator comply with any additional provisions the board imposes. (2) The board may make a permit contingent upon: (a) the payment of fair compensation to […]
Section 10 – Amalgamation of interests — Board may order amalgamation — Payment of costs and interests — Accounting.
Effective 5/4/2022 40-11-10. Amalgamation of interests — Board may order amalgamation — Payment of costs and interests — Accounting. (1) Two or more owners of contiguous pore space may bring together the owners’ interests for the development of a storage facility. (2) (a) In the absence of a written agreement for amalgamation, including a joint […]
Section 11 – Geologic carbon storage amalgamation unit — Procedure for establishment — Operation.
Effective 5/4/2022 40-11-11. Geologic carbon storage amalgamation unit — Procedure for establishment — Operation. (1) The board may hold a hearing to consider the need for the amalgamation of a tract for geologic carbon storage. (2) The board shall make an order providing for the amalgamation of a tract for geologic carbon storage, if the […]
Section 12 – Requirement to record.
Effective 5/4/2022 40-11-12. Requirement to record. An operator shall file a record of the permit and a description of the impacted land with the recorder’s office in each county where the storage facility is located. Enacted by Chapter 62, 2022 General Session