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)]
CONFERENCE COMMITTEE REP ORT DIGEST
HB 934 2024 Regular Session LaCombe
Keyword and oneliner of the instrument as it left the House
ENERGY/CONSERVATI ON: Provides for the dedication of revenue from carbon dioxide
sequestration on state lands and water bottoms
Report adopts Senate amendments to:
1. Remove present law exceptions to the dedication of carbon dioxide storage revenue for
revenue collected by the office of mineral resources on behalf of a state department or agency
that is subject to existing constitutional and statutory dedications.
2. Change the placement of proposed law within Title 30 of the Revised Statutes.
3. Make technical changes.
Report rejects Senate amendments which would have:
1. Added a provision that the dedications of revenue from carbon dioxide storage under both
present law and proposed law do not authorize the breach of any conditions contained in acts
of donation for state wildlife refuges, wildlife management areas, or public hunting grounds.
Report amends the bill to:
1. Add a provision that the dedications of revenue from carbon dioxide storage under both
present law and proposed law do not authorize the breach of any conditions contained in acts
of donation for state wildlife refuges, wildlife management areas, or public hunting grounds
which the state accepted prior to August 1, 2024.
2. Further add that if a parish can tailor or restrict its use of dedicated funds to comply with the
terms or conditions of such donations, then it must tailor or restrict its use of the dedicated
funds so that the donation is not breached.
Digest of the bill as proposed by the Conference Committee Present law provides for the following distribution of funds collected by the office of mineral
resources from any contractual agreements for the storage of carbon dioxide on state-owned lands
or water bottoms:
(1)30% to the Mineral and Energy Operation Fund.
(2)30% to parishes included in the agreement. If more than one parish is included in the
agreement, the 30% will be divided based on the amount of land from each parish included
in the agreement.
(3)The remaining funds are deposited into the state general fund.
Present law excludes from the present law distribution all existing constitutional and statutory
dedications of funds collected by the office of mineral resources on behalf of a state agency.
Proposed law removes this exclusion.
Proposed law provides an exception to the distribution of funds under present law for funds collected
by the office of mineral resources for the storage of carbon dioxide beneath lands and water bottoms
under the jurisdiction of the Dept. of Wildlife and Fisheries and the La. Wildlife and Fisheries
Commission. Under proposed law, these funds will be distributed as follows:
(1)30% to parishes included in the agreement. If more than one parish is included in the
agreement, the 30% will be divided based on the amount of land from each parish included
in the agreement.
(2)The remainder to the La. Wildlife and Fisheries Conservation Fund.
Proposed law further provides for the following distribution of funds collected by the Dept. of
Wildlife and Fisheries or the La. Wildlife and Fisheries Commission when they enter into their own
agreements for the storage of carbon dioxide on lands or water bottoms under their jurisdiction:
(1)30% to parishes included in the agreement. If more than one parish is included in the
agreement, the 30% will be divided based on the amount of land from each parish included
in the agreement.
(2)The remainder to the La. Wildlife and Fisheries Conservation Fund.
Present law provides that certain obsolete provisions of law regarding the Louisiana Economic
Acceleration Program (LEAP) do not authorize the breach of conditions contained in donations of
state wildlife refuges, wildlife management areas, or public hunting grounds.
Proposed law removes the present law references to the LEAP program, adds that the dedication of
revenue from carbon dioxide storage on state property and Dept. of Wildlife and Fisheries property
under present law and proposed law do not authorize the breach of conditions contained in acts of
donation affecting state wildlife refuges, wildlife management areas, or public hunting grounds which are accepted prior to August 1, 2024.
Proposed law further provides that a parish governing authority can tailor or restrict its use of
dedicated funds to comply with the terms or conditions of such donations.
(Amends R.S. 30:149(B)(intro. par.) and (C) and 209.2(B)(intro. par.) and (C) and R.S. 56:765; Adds
R.S. 30:149.1)