HLS 10RS-1267 ENGROSSED Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2010 HOUSE BILL NO. 733 BY REPRESENTATIVE ANDERS PETROLEUM/OIL-GAS: Authorizes participation in sequestration of carbon dioxide programs AN ACT1 To enact R.S. 3:1221, relative to carbon sequestration; to authorize participation in2 greenhouse gas emission reduction programs; to provide for the state's participation;3 and to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 3:1221 is hereby enacted to read as follows:6 ยง1221. Carbon sequestration; emissions reduction of carbon dioxide and other7 greenhouse gases8 A. The commissioner is authorized to take all action necessary to ensure9 Louisiana's participation, to the fullest extent practicable, regarding carbon10 sequestration or the reduction of emissions of carbon dioxide and other greenhouse11 gases from agriculture and forestry.12 B. The office of soil and water conservation of the Department of13 Agriculture and Forestry shall function as the state's agency for such participation.14 C. The provisions of this Section do not affect the authority of the Louisiana15 Department of Natural Resources or benefits, credits, or offsets derived from projects16 approved and undertaken by the Coastal Protection and Restoration Authority in the17 coastal area.18 HLS 10RS-1267 ENGROSSED HB NO. 733 Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Anders HB No. 733 Abstract: Authorizes participation in programs relative to the carbon sequestration or the reduction of emissions of carbon dioxide and other greenhouse gases from agriculture and forestry. Proposed law authorizes the commissioner to take necessary action to ensure the state's participation in programs relative to carbon sequestration or the reduction of emissions of carbon dioxide and other greenhouse gases from agriculture and forestry. Further provides for the office of soil and water conservation of the Dept. of Agriculture and Forestry to serve as the state's agency for such participation. Proposed law provides that the authority of the Dept. of Natural Resources or benefits, credits, or offsets derived from approved projects undertaken by the CPRA in the coastal area are not affected by the provisions of proposed law. (Adds R.S. 3:1221) Summary of Amendments Adopted by House Committee Amendments Proposed by House Committee on Agriculture, Forestry, Aquaculture, and Rural Development to the original bill. 1. Added provisions to exclude from the affect of the proposed law the authority of the Dept. of Natural Resources or benefits, credits, or offsets derived from approved projects undertaken by CPRA in the coastal area. 2. Made technical amendments.