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Utah Code Title 40. Mines and Mining § 40-11-21. Fees related to reservoir or storage facility

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) There is levied a fee per ton of carbon dioxide injected into a reservoir or storage facility.

(2) The board shall establish the fee described in Subsection (1) in accordance with Section 63J-1-504 to equal the sum of:

(a) an amount to pay the anticipated costs to the division of the regulation of storage facility:

(i) construction;

(ii) operation; and

(iii) pre-closure activities; and

(b) an amount to pay the anticipated costs to the division of the long-term monitoring and management of a closed storage facility.

(3) The division shall deposit money collected under this section into the fund.

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Cite this article: FindLaw.com - Utah Code Title 40. Mines and Mining § 40-11-21. Fees related to reservoir or storage facility - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-40-mines-and-mining/ut-code-sect-40-11-21/

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