To Amend The Underground Storage Of Gas Law To Include Certain Other Gases.
Impact
If enacted, SB210 would enhance the regulatory authority of the Oil and Gas Commission over underground gas storage. This includes establishing prerequisites for any public utility seeking to exercise the right of eminent domain for property required for this purpose. Such requirements aim to ensure that the selected underground strata are suitable for gas storage and that their use aligns with the public interest. The bill implies that certain properties previously off-limits for gas storage could become accessible, expanding the potential for gas availability across the state.
Summary
Senate Bill 210 aims to amend existing laws regarding the underground storage of gas in Arkansas, specifically expanding the definition to include various gases beyond just natural gas. The bill seeks to establish a comprehensive framework for the regulation and management of underground gas storage facilities, ensuring that such practices promote conservation and economic efficiency. The proposed changes also serve to optimize the storage of gases, thereby improving the availability of gas resources for public consumption during peak demand periods.
Sentiment
The general sentiment surrounding SB210 appears to be favorable among legislators, as evidenced by the overwhelming support demonstrated during voting, where the bill received 95 votes in favor and only 1 against. Proponents argue that the bill fosters a more effective strategy for managing gas resources, contributing to both economic growth and environmental conservation. Conversely, there may be underlying concerns among some stakeholders regarding eminent domain provisions and the impact of increased regulatory authority on local landowners and communities.
Contention
Notable points of contention may arise over the bill's provisions regarding eminent domain, which would allow gas utilities to acquire property for underground storage. Critics might express apprehension about the potential for abuse of this power and the marginalization of landowners' rights. Additionally, questions may be raised about the long-term environmental impacts of increased underground gas storage and whether the bill adequately addresses those concerns. Overall, while the bill is poised to reshape Arkansas's energy landscape, discussions regarding its implications for local governance and property rights are likely to persist.
To Amend The Arkansas Data Centers Act Of 2023; To Prohibit Foreign-party-controlled Ownership Of A Digital Asset Mining Business; And To Declare An Emergency.
An Act To Make An Appropriation For State Turnback For Counties And Municipalities By The Office Of The Treasurer Of State For The Fiscal Year Ending June 30, 2025; And For Other Purposes.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Amend The Requirements For A Digital Asset Mining Business Or Business Using A Blockchain Network.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Amend The Requirements For A Digital Asset Mining Business Or Business Using A Blockchain Network.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Prohibit Foreign-party-controlled Ownership Of A Digital Asset Mining Business.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Act Of 2023 And To Prohibit Foreign-party-controlled Ownership Of A Digital Asset Mining Business.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Acts Of 2023, To Regulate Digital Asset Mining Businesses And Businesses Utilizing A Blockchain Network, And To Declare An Emergency.
To Authorize The Introduction Of A Nonappropriation Bill To Amend The Arkansas Data Centers Acts Of 2023, To Regulate Digital Asset Mining Businesses And Businesses Utilizing A Blockchain Network, And To Declare An Emergency.
Requesting The Public Utilities Commission To Address Certain Recommendations For Undergrounding The State's Utility Facilities As Outlined In The 1999 Legislative Reference Bureau Report Entitled "undergrounding Public Utility Lines".