Louisiana · 2025 Regular Session · Bill

HB 491: TAX CREDITS: Establishes a tax credit for costs of developing carbon sequestration wells where carbon sequestration is subsequently prohibited by local ordinance (OR SEE FISC NOTE GF EX)

In committee Last action April 14, 2025: Read by title, under the rules, referred to the Committee on Ways and Means.

Plain-language summary

HB 491 is a bill introduced in the Louisiana House on April 4, 2025. According to its official title, it concerns: TAX CREDITS: Establishes a tax credit for costs of developing carbon sequestration wells where carbon sequestration is subsequently prohibited by local ordinance (OR SEE FISC NOTE GF EX). Primary sponsor: Chuck Owen (Republican). Most recent recorded action (April 14, 2025): Read by title, under the rules, referred to the Committee on Ways and Means.

Sponsors

Primary sponsor: Chuck Owen (Republican).