Bills › 90th General Assembly
Relating to pipeline project investor disclosures and providing effective date and retroactive applicability provisions
Topics:Energy & utilitiesState governmentEminent domain
Same legislation: SF 100
Where it is now
- Done: IntroducedJanuary 19, 2023
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committee
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Companies wanting to build pipelines and use eminent domain must now share more information with the utilities board. Their permit applications must list the names and home addresses of all planned investors, along with how much money each person plans to invest. This rule applies to applications submitted on or after July 1, 2019.1
Read the official explanation
This bill relates to pipeline project investor disclosures. The bill provides that a pipeline company seeking eminent domain rights shall include investor information in the application for a permit submitted to the utilities board. The permit application shall include the names and home addresses of all planned pipeline investors and the range of planned investment per investor as indicated in a range from $l to $9,999, $10,000 to $49,999, $50,000 to $99,999, $100,000 to $499,999, $500,000 to $999,999, or $1 million or more. The bill takes effect upon enactment. The bill applies retroactively to applications submitted by pipeline companies seeking the right of eminent domain on or after July 1, 2019.
Family tree
90th General Assembly