Highlights:

• Authorizes Clean Natural Gas Capture and Emissions Reduction Program to “provide an incentive for natural gas capture and utilization systems on an oil or gas well site or gathering pipeline facility which collect or utilizes over fifty percent of propane and heavier hydrocarbons from an oil and gas well site for beneficial use” (Sec. 1).

• Authorizes Industrial Commission to "make grants or loans or provide other forms of financial assistance as necessary or appropriate to qualified entities" (Sec. 1).

• Authorizes Commission to "accept donations, grants, federal funds, contributions, and gifts from any public or private source and deposit such in the natural gas capture and utilization incentive fund" (Sec. 1).

• Establishes Clean Natural Gas Capture and Emissions Reduction Fund; specifies that "All funds in the clean natural gas capture and emissions reduction fund are appropriated to the industrial commission on a continuing basis to effectuate the purposes of this chapter" (Sec. 2).

• Transfers $7.5 million to Fund for biennium of July 1, 2023 to June 30, 2025 (Sec. 3).

Full Bill Text