Indiana § 14-39-2-16 - Reports
Full text of Indiana Indiana Code § 14-39-2-16 — Reports, with citation guidance and answers to common questions.
§ 14-39-2-16. Reports
Sec. 16. (a) Not later than September 1, 2030, the department shall submit to the budget committee a report that sets forth the following information:
(1) The number of metric tons of carbon dioxide injected into the pore space in Indiana during the period:
(A) beginning January 1, 2025; and
(B) ending June 30, 2030.
(2) Costs incurred by the department to administer the carbon sequestration project program under this chapter during the period:
(A) beginning January 1, 2023; and
(B) ending June 30, 2030.
(3) Estimates of:
(A) the amount of carbon dioxide to be injected into the pore space in Indiana under the carbon sequestration project program; and
(B) the costs to the department to administer the carbon sequestration project program under this chapter;
during the period beginning July 1, 2030, and ending June 30, 2034.
(b) Not later than September 1, 2034, the department shall submit to the budget committee a report that sets forth the following information:
(1) The amount of money collected by the department under this chapter during the period:
(A) beginning July 1, 2030; and
(B) ending June 30, 2034.
(2) Costs incurred by the department to administer the carbon sequestration project program under this chapter during the period:
(A) beginning July 1, 2030; and
(B) ending June 30, 2034.
(3) Estimates of:
(A) the amount of money the department anticipates collecting under this chapter; and
(B) the costs to the department to administer the carbon sequestration project program under this chapter;
during the period beginning July 1, 2034, and ending June 30, 2040.
(4) A recommendation as to the amount of any adjustment to fees under this chapter necessary to ensure the financial viability of the underground storage of carbon dioxide.
(c) This section expires January 1, 2041.
As added by P.L.213-2025, SEC.145.
Frequently Asked Questions About Indiana § 14-39-2-16
What does Indiana Code § 14-39-2-16 cover?
Section 14-39-2-16 ("Reports") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 14-39-2-16?
A common citation format is "Indiana Code § 14-39-2-16" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 14-39-2-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.