Reprinted
January 26, 2010
SENATE BILL No. 115
_____
DIGEST OF SB 115
(Updated January 25, 2010 4:25 pm - DI 106)
Citations Affected: IC 32-24.
Synopsis: Eminent domain for carbon dioxide pipeline. Permits an
entity authorized to transport carbon dioxide by pipeline to acquire real
property by eminent domain.
Effective: July 1, 2010.
Gard
, Bray, Waterman, Hume
January 5, 2010, read first time and referred to Committee on Corrections, Criminal, and
Civil Matters.
January 21, 2010, amended, reported favorably _ Do Pass.
January 25, 2010, read second time, amended, ordered engrossed.
Reprinted
January 26, 2010
Second Regular Session 116th General Assembly (2010)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
Constitution) is being amended, the text of the existing provision will appear in this style type,
additions will appear in
this style type, and deletions will appear in
this style type.
Additions: Whenever a new statutory provision is being enacted (or a new constitutional
provision adopted), the text of the new provision will appear in
this style type. Also, the
word
NEW will appear in that style type in the introductory clause of each SECTION that adds
a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in
this style type or
this style type reconciles conflicts
between statutes enacted by the 2009 Regular and Special Sessions of the General Assembly.
SENATE BILL No. 115
A BILL FOR AN ACT to amend the Indiana Code concerning
property.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 32-24-4.5-8; (10)SB0115.2.1. -->
SECTION 1. IC 32-24-4.5-8, AS ADDED BY P.L.163-2006,
SECTION 17, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
JULY 1, 2010]: Sec. 8. Notwithstanding IC 32-24-1, a condemnor that
acquires a
permanent or temporary interest in a parcel of real
property through the exercise of eminent domain under this chapter
shall compensate the owner of the parcel as follows:
(1) For agricultural land:
(A) either:
(i) payment to the owner equal to one hundred twenty-five
percent (125%) of the fair market value of the parcel as
determined under IC 32-24-1; or
(ii) upon the request of the owner and if the owner and
condemnor both agree, transfer to the owner of an ownership
interest in agricultural land that is equal in acreage to the
parcel acquired through the exercise of eminent domain;
(B) payment of any other damages determined under
IC 32-24-1 and any loss incurred in a trade or business that is
attributable to the exercise of eminent domain; and
(C) payment of the owner's relocation costs, if any.
(2) For a parcel of real property occupied by the owner as a
residence:
(A) payment to the owner equal to one hundred fifty percent
(150%) of the fair market value of the parcel as determined
under IC 32-24-1;
(B) payment of any other damages determined under
IC 32-24-1 and any loss incurred in a trade or business that is
attributable to the exercise of eminent domain; and
(C) payment of the owner's relocation costs, if any.
(3) For a parcel of real property not described in subdivision (1)
or (2):
(A) payment to the owner equal to one hundred percent
(100%) of the fair market value of the parcel as determined
under IC 32-24-1;
(B) payment of any other damages determined under
IC 32-24-1 and any loss incurred in a trade or business that is
attributable to the exercise of eminent domain; and
(C) payment of the owner's relocation costs, if any.
SOURCE: IC 32-24-8; (10)SB0115.2.2. -->
SECTION 2. IC 32-24-8 IS ADDED TO THE INDIANA CODE AS
A
NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2010]:
Chapter 8. Eminent Domain for Transportation of Carbon
Dioxide by Pipeline
Sec. 1. Because the transportation of carbon dioxide by pipeline
in Indiana for sequestration, enhanced oil recovery, and other
purposes can:
(1) assist efforts to reduce carbon dioxide emissions from:
(A) the generation of electricity; and
(B) the manufacture of gas using coal; and
(2) promote economic development in Indiana;
the transportation of carbon dioxide by pipeline in Indiana is
declared to be a public use and service, in the public interest, and
a benefit to the welfare of Indiana and the people of Indiana.
Sec. 2. As used in this chapter, "carbon dioxide" means a fluid
consisting of more than ninety percent (90%) carbon dioxide
molecules compressed to a supercritical state.
Sec. 3. As used in this chapter, "pipeline" means all parts of
physical facilities through which carbon dioxide can move in
transportation, including the following:
(1) Pipe.
(2) Valves and other appurtenances attached to pipe.
(3) Compressor units.
(4) Metering stations.
(5) Regulator stations.
(6) Delivery stations.
(7) Holders.
(8) Fabricated assemblies.
The term excludes motor vehicles of all kinds.
Sec. 4. As used in this chapter, "transportation" means the
physical movement of carbon dioxide by pipeline conducted for:
(1) a person's own use or account; or
(2) the use or account of another person or persons.
Sec. 5. (a) This section applies to any of the following that is
authorized to do business in Indiana and is authorized to transport
carbon dioxide by pipeline:
(1) A person.
(2) A firm.
(3) A partnership.
(4) A limited liability company.
(5) A corporation.
(b) An entity described in subsection (a) may take, acquire,
condemn, and appropriate any of the following to accomplish the
transportation of carbon dioxide by pipeline:
(1) Land.
(2) Real estate.
(3) Any permanent or temporary interest in land or real
estate.
(c) An entity to which subsection (b) applies has all
accommodations, rights, and privileges necessary to accomplish the
use for which the property is taken.
Sec. 6. (a) Except as provided in subsection (b), the taking,
acquisition, condemnation, and appropriation authorized by this
chapter must be made under IC 32-24-1.
(b) An entity that exercises its right under section 5(b) of this
chapter shall:
(1) compensate the owner of the land, real estate, or interest
(including an interest in retrievable mineral rights) in the
manner that a condemnor is required to compensate the
owner of a parcel of real property under IC 32-24-4.5-8(1)(A),
IC 32-24-4.5-8(2)(A), or IC 32-24-4.5-8(3)(A); and
(2) pay the owner's relocation costs (as defined in
IC 32-24-4.5-6), if any.