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Senate rejects amendment to narrow CO2 pipeline property-tax exemption
Summary
The North Dakota Senate defeated an amendment to Senate Bill 23-20 that would have limited a long-standing property-tax exemption for CO2 pipelines to exclude enhanced oil and gas recovery, voting 11–34 with 2 absent.
The North Dakota Senate on Feb. 6 rejected a proposed amendment to Senate Bill 23-20 that would have narrowed a property-tax exemption for carbon-dioxide (CO2) pipelines, a roll call showed 11 ayes, 34 nays and 2 absent.
Senator Jim Patton, sponsor of Senate Bill 23-20, told colleagues the bill would remove the property-tax exemption as it relates to secure geologic storage of CO2; the amendment under consideration would have left the exemption intact for CO2 used for enhanced oil and natural-gas recovery and removed the exemption only for storage. "The amendment removes the…
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