SF 100: Relating to pipeline project investor disclosures and providing effective date and retroactive applicability provisions

What it does

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.

Senate subcommittee · named January 25, 2023

• Sen. Waylon Brown (R)
• Sen. Tony Bisignano (D) · tony.bisignano@legis.iowa.gov
• Sen. Mike Bousselot (R) · mike.bousselot@legis.iowa.gov

Lobbying · 2 for, 8 against

For: Iowa Chapter of Sierra Club; Iowa Farmers Union

Against: Heavy Highway Contractors Association; Iowa Federation of Labor, AFL-CIO; Iowa Renewable Fuels Association (IRF); Iowa State Building and Construction Trades; Laborers International Union of North America; Navigator Heartland Greenway LLC; Summit Carbon Solutions; Wolf Carbon Solutions

In plain words

1. January 19, 2023Filed in the Senate and sent to the Commerce committee
2. January 25, 2023Senate subcommittee named: Brown, Bisignano and Bousselot